ALM ES is selling at 128.54 as of the 20th of January 2025; that is 1.51% up since the beginning of the trading day. The fund's open price was 126.63. ALM ES has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 31st of January 2023 and ending today, the 20th of January 2025. Click here to learn more.
Although ALM ES's alpha and beta are two of the key measurements used to evaluate ALM ES'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 ALM ES fund to make a market-neutral strategy. Peer analysis of ALM ES could also be used in its relative valuation, which is a method of valuing ALM ES 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