NewWave GBP (South Africa) Profile

NEWGBP Etf   2,310  3.00  0.13%   

Performance

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NewWave GBP is trading at 2310.00 as of the 21st of November 2024, a 0.13 percent increase since the beginning of the trading day. The etf's open price was 2307.0. NewWave GBP 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 NewWave GBP Currency are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.

NewWave GBP Currency Risk Profiles

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 NewWave GBP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

NewWave GBP Currency Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. NewWave GBP Currency Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe NewWave GBP price patterns.

NewWave GBP Against Markets

NewWave GBP Related Equities

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 NewWave GBP etf to make a market-neutral strategy. Peer analysis of NewWave GBP could also be used in its relative valuation, which is a method of valuing NewWave GBP by comparing valuation metrics with similar companies.
 Risk & Return  Correlation