Nu Renda is trading at 102.12 as of the 4th of March 2025, a 1.87 percent decrease since the beginning of the trading day. The fund's open price was 104.07. Nu Renda 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 2nd of February 2025 and ending today, the 4th of March 2025. Click here to learn more.
Although Nu Renda's alpha and beta are two of the key measurements used to evaluate Nu Renda'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 Nu Renda fund to make a market-neutral strategy. Peer analysis of Nu Renda could also be used in its relative valuation, which is a method of valuing Nu Renda by comparing valuation metrics with similar companies.
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance