Over time, they develop additional expertise and expand to become multi-strategy funds. Merger arbitrage involves buying the shares of an acquisition target company and selling short the shares of the buyer. This strategy is expected to profit from the spread between prices of the respective shares or from potential overpayment by the acquirer. Activistfunds fall under event driven strategies as activism involves purchasing enough of a stake in a public stock to be able to influence profitable corporate change by exerting their shareholder rights. Returns of managed futures strategies typically exhibit positive right-tail skewness during market stress. Global macro strategies …

The pandemic was a boon to DoorDash’s business as more consumers looked to the convenience of restaurant delivery for dinner at a time when many options were closed to indoor diners. Revenue growth surged to more than 200% from the second quarter of 2020 through the first quarter of 2021. DoorDash is maintaining that momentum as it laps the surge in orders it saw at the height of the pandemic. It connects restaurants to customers and delivery drivers, enabling restaurants to easily offer delivery service and find additional customers looking for a meal. Further, debates erupted recently about drivers demanding …

Emerging biotech companies and genetic-based startups are playing a huge role in the development of next-generation sequencing technologies. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. In recent years, the pharma giant has put a lot of effort into increasing its position in the RNA-based therapeutics market. As part of this effort, Eli Lilly acquired gene therapy pioneer Prevail Therapeutics for US$1.04 billion in late 2020. The company followed that up with the launch …

Both are among the world’s most influential and globalized economies, which is exactly what makes them so exciting to trade on the global marketplace. Read on to find out everything you need to know about GBP/JPY forex trading. If you see the GBP/JPY abbreviation on your screen, then what you are seeing is a reference to one of the world’s most heavily traded forex pairs. GBP/JPY refers to the relative value of the currency of the United Kingdom, the British Pound, against the value of the currency of Japan, the Japanese Yen. This information has been prepared by IG, a …

In fact, this is a modification of the Alligator indicator, which turns a system of three moving averages into a normal oscillator. The trade is always opened in the direction of the balance of the main indicator’s lines . Ideal for opening a trade is the situation where Gator Oscillator shows only green bars with a growing amplitude, which indicates the beginning or continuation of a strong trend. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Today the traders should pay attention to the Retail sales in Canada. You may want …

The best way to keep current on the direction and strength of your correlation pairings is to calculate them yourself. Software helps quickly compute correlations for a large number of inputs. Correlation is a statistical measure of how two variables relate to one another. The greater the correlation coefficient, the more closely aligned they are. A correlation of +1 implies that the two currency pairs will move in the same direction 100% of the time. A correlation of -1 implies the two currency pairs will move in the opposite direction 100% of the time. A correlation of zero implies that …