Discovery Aggressive is trading at 1.64 as of the 29th of November 2024, a 0.61 percent up since the beginning of the trading day. The fund's open price was 1.63. Discovery Aggressive 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 Discovery Aggressive Dynamic are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2024 and ending today, the 29th of November 2024. Click here to learn more.
Although Discovery Aggressive's alpha and beta are two of the key measurements used to evaluate Discovery Aggressive'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 Discovery Aggressive fund to make a market-neutral strategy. Peer analysis of Discovery Aggressive could also be used in its relative valuation, which is a method of valuing Discovery Aggressive by comparing valuation metrics with similar companies.