ABSA NEW is trading at 3220.00 as of the 2nd of December 2024, a No Change since the beginning of the trading day. The etf's lowest day price was 3220.0. ABSA NEW has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ABSA NEW GOLD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 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 ABSA NEW. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
The output start index for this execution was zero with a total number of output elements of sixty-one. ABSA NEW GOLD Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ABSA NEW price patterns.
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 ABSA NEW etf to make a market-neutral strategy. Peer analysis of ABSA NEW could also be used in its relative valuation, which is a method of valuing ABSA NEW by comparing valuation metrics with similar companies.