Nu Renda (Brazil) Fund
| NDIV11 Fund | 110.21 0.92 0.84% |
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Nu Renda is trading at 110.21 as of the 12th of December 2024, a 0.84 percent increase since the beginning of the trading day. The fund's open price was 109.29. 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 12th of November 2024 and ending today, the 12th of December 2024. Click here to learn more.
Nu Renda Ibov Risk Profiles
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.
| Mean Deviation | 0.6604 | |||
| Standard Deviation | 0.8344 | |||
| Variance | 0.6962 | |||
| Risk Adjusted Performance | (0.03) |
Nu Renda Against Markets
Nu Renda Related Equities
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.
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