NewWave Platinum (South Africa) Profile

NEWPLT Etf   16,785  93.00  0.55%   

Performance

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NewWave Platinum is trading at 16785.00 as of the 20th of January 2025, a 0.55 percent decrease since the beginning of the trading day. The etf's open price was 16878.0. NewWave Platinum has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 24th of July 2024 and ending today, the 20th of January 2025. Click here to learn more.

NewWave Platinum Exchange Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NewWave Platinum. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

NewWave Platinum Exchange Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. NewWave Platinum Exchange Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe NewWave Platinum price patterns.

NewWave Platinum Against Markets

NewWave Platinum Related Equities

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 NewWave Platinum etf to make a market-neutral strategy. Peer analysis of NewWave Platinum could also be used in its relative valuation, which is a method of valuing NewWave Platinum by comparing valuation metrics with similar companies.
 Risk & Return  Correlation