CP AXTRA is trading at 28.75 as of the 4th of June 2024, a 1.77 percent increase since the beginning of the trading day. The stock's open price was 28.25. CP AXTRA has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CP AXTRA NON VOTING are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2024 and ending today, the 4th of June 2024. Click here to learn more.
Investors will always prefer to have the highest possible return on investment while minimizing volatility. CP AXTRA market risk premium is the additional return an investor will receive from holding CP AXTRA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CP AXTRA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CP AXTRA's alpha and beta are two of the key measurements used to evaluate CP AXTRA's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CP AXTRA stock to make a market-neutral strategy. Peer analysis of CP AXTRA could also be used in its relative valuation, which is a method of valuing CP AXTRA by comparing valuation metrics with similar companies.