3 ASX Stocks That May Be Undervalued In October 2024 - Simply Wall St
| AXMJ Index | 16,891 136.90 0.82% |
About 51% of SPASX 200's investor base is interested to short. The analysis of the overall investor sentiment regarding SPASX 200 Materials suggests that many traders are impartial. SPASX 200's investing sentiment overview a quick insight into current market opportunities from investing in SPASX 200 Materials. Many technical investors use SPASX 200 Materials index news signals to limit their universe of possible portfolio assets and to time the market correctly.
3 ASX Stocks That May Be Undervalued In October 2024 Simply Wall St
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SPASX 200 Materials Potential Pair-trading
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 SPASX 200 index to make a market-neutral strategy. Peer analysis of SPASX 200 could also be used in its relative valuation, which is a method of valuing SPASX 200 by comparing valuation metrics with similar companies.
Peers
SPASX 200 Related Equities
| GDF | Garda Diversified | 0.83 | ||||
| ABB | Aussie Broadband | 0.53 | ||||
| DUI | Diversified United | 0.19 | ||||
| AIQ | Alternative Investment | 0.69 | ||||
| SNC | Sandon Capital | 2.53 | ||||
| AVC | Auctus Alternative | 12.73 |