NewWave USD (South Africa) Profile

NEWUSD Etf   1,835  9.00  0.49%   

Performance

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NewWave USD is trading at 1835.00 as of the 21st of November 2024, a 0.49 percent increase since the beginning of the trading day. The etf's open price was 1826.0. NewWave USD 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 USD 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 USD 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 USD. 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 USD Currency Technical Analysis

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

NewWave USD Against Markets

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