Ned Davis is trading at 20.23 as of the 26th of November 2024, a 0.55 percent increase since the beginning of the trading day. The etf's open price was 20.12. Ned Davis has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Ned Davis Research are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
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 Ned Davis. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
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 Ned Davis etf to make a market-neutral strategy. Peer analysis of Ned Davis could also be used in its relative valuation, which is a method of valuing Ned Davis by comparing valuation metrics with similar companies.