Vela Short is trading at 10.05 as of the 2nd of February 2025; that is No Change since the beginning of the trading day. The fund's open price was 10.05. Vela Short has hardly any chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 3rd of January 2025 and ending today, the 2nd of February 2025. Click here to learn more.
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 Vela Short mutual fund to make a market-neutral strategy. Peer analysis of Vela Short could also be used in its relative valuation, which is a method of valuing Vela Short by comparing valuation metrics with similar companies.