NEWGOLD EXCHANGE is trading at 42000.00 as of the 17th of December 2024, a 40.00 percent increase since the beginning of the trading day. The stock's lowest day price was 42000.0. NEWGOLD EXCHANGE has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Although NEWGOLD EXCHANGE's alpha and beta are two of the key measurements used to evaluate NEWGOLD EXCHANGE'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 NEWGOLD EXCHANGE stock to make a market-neutral strategy. Peer analysis of NEWGOLD EXCHANGE could also be used in its relative valuation, which is a method of valuing NEWGOLD EXCHANGE by comparing valuation metrics with similar companies.