NewFunds MAPPS (South Africa) Profile

STXMAG Etf   3,289  12.00  0.37%   

Performance

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NewFunds MAPPS is trading at 3289.00 as of the 24th of November 2024, a 0.37 percent increase since the beginning of the trading day. The etf's open price was 3277.0. NewFunds MAPPS has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for NewFunds MAPPS Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.

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

NewFunds MAPPS Growth Technical Analysis

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

NewFunds MAPPS Against Markets

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