Coronation Top is trading at 220.72 as of the 15th of December 2024; that is 0.34% increase since the beginning of the trading day. The fund's open price was 219.97. Coronation Top has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2023 and ending today, the 15th of December 2024. Click here to learn more.
Although Coronation Top's alpha and beta are two of the key measurements used to evaluate Coronation Top'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 Coronation Top fund to make a market-neutral strategy. Peer analysis of Coronation Top could also be used in its relative valuation, which is a method of valuing Coronation Top by comparing valuation metrics with similar companies.