Coronation Global is trading at 177.07 as of the 26th of November 2024; that is 0.89% increase since the beginning of the trading day. The fund's open price was 175.51. Coronation Global has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Coronation Global Optimum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Although Coronation Global's alpha and beta are two of the key measurements used to evaluate Coronation Global's performance over the market, the standard measures of volatility play an important role as well.
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 Coronation Global fund to make a market-neutral strategy. Peer analysis of Coronation Global could also be used in its relative valuation, which is a method of valuing Coronation Global by comparing valuation metrics with similar companies.
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance