Fdfndx is trading at 11.93 as of the 13th of February 2025; that is 0.17% down since the beginning of the trading day. The fund's open price was 11.95. Fdfndx 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 February 2023 and ending today, the 13th of February 2025. Click here to learn more.
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 Fdfndx fund to make a market-neutral strategy. Peer analysis of Fdfndx could also be used in its relative valuation, which is a method of valuing Fdfndx by comparing valuation metrics with similar companies.