IRIDIUM FUNDO is trading at 64.32 as of the 9th of December 2024, a 0.34% increase since the beginning of the trading day. The fund's open price was 64.1. IRIDIUM FUNDO 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 18th of July 2023 and ending today, the 9th of December 2024. Click here to learn more.
Although IRIDIUM FUNDO's alpha and beta are two of the key measurements used to evaluate IRIDIUM FUNDO'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 IRIDIUM FUNDO fund to make a market-neutral strategy. Peer analysis of IRIDIUM FUNDO could also be used in its relative valuation, which is a method of valuing IRIDIUM FUNDO by comparing valuation metrics with similar companies.