TradingView
techpers
Nov 20, 2023 6:41 AM

TFG vs TRU 

TFG/TRUJSE

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An extract from today's research notes. To receive these research insights, including trade ideas, get in touch today.

Monday 20-November-2023, 06h30 TFG vs TRU - Market Neutral/Pairs Trade View. Over the long term, the two pairs have been closely correlated, however over 3 years, the performance outcome has diverged. TRIU is higher by 96% while TFG has lagged, rising only 7.8%. Is there is an opportunity, on a relative basis, to buy TFG while simultaneously selling TRU?
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