RBC sees turnaround potential in Gold Road stock with NST-DEG catalyst in focus - Investing.com Nigeria
| AXY Index | 59.70 0.20 0.33% |
About 61% of Australian Dollar's investor base is looking to short. The analysis of the overall investor sentiment regarding Australian Dollar Currency suggests that many traders are alarmed. The current market sentiment, together with Australian Dollar's historical and current headlines, can help investors time the market. In addition, many technical investors use Australian Dollar index news signals to limit their universe of possible portfolio assets.
Australian Dollar index news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Australian daily returns and investor perception about the current price of Australian Dollar Currency as well as its diversification or hedging effects on your existing portfolios.
RBC sees turnaround potential in Gold Road stock with NST-DEG catalyst in focus Investing.com Nigeria
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Australian Dollar Potential Pair-trading
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 Australian Dollar index to make a market-neutral strategy. Peer analysis of Australian Dollar could also be used in its relative valuation, which is a method of valuing Australian Dollar by comparing valuation metrics with similar companies.
Peers
Australian Dollar Related Equities
| SGR | Star Entertainment | 5.26 | ||||
| GOR | Gold Road | 1.48 | ||||
| TWE | Treasury Wine | 0.35 | ||||
| SUL | Super Retail | 0.38 | ||||
| DBF | Duxton Broadacre | 2.11 | ||||
| IFM | Infomedia | 2.72 | ||||
| ERD | EROAD | 3.74 |