RONN is selling at 4.0E-4 as of the 17th of December 2024; that is 20% down since the beginning of the trading day. The stock's open price was 5.0E-4. RONN has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. 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 RONN pink sheet to make a market-neutral strategy. Peer analysis of RONN could also be used in its relative valuation, which is a method of valuing RONN by comparing valuation metrics with similar companies.