Auddia Inc Stock Today

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 Auddia stock to make a market-neutral strategy. Peer analysis of Auddia could also be used in its relative valuation, which is a method of valuing Auddia by comparing valuation metrics with similar companies.

The danger of trading Auddia Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Auddia is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Auddia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Auddia Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When running Auddia's price analysis, check to measure Auddia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Auddia is operating at the current time. Most of Auddia's value examination focuses on studying past and present price action to predict the probability of Auddia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auddia's price. Additionally, you may evaluate how the addition of Auddia to your portfolios can decrease your overall portfolio volatility.