Naranja Renta is trading at 13.63 as of the 10th of January 2025, a No Change since the beginning of the trading day. The fund's open price was 13.63. Naranja Renta has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 15th of April 2024 and ending today, the 10th of January 2025. Click here to learn more.
Although Naranja Renta's alpha and beta are two of the key measurements used to evaluate Naranja Renta'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 Naranja Renta fund to make a market-neutral strategy. Peer analysis of Naranja Renta could also be used in its relative valuation, which is a method of valuing Naranja Renta by comparing valuation metrics with similar companies.
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance