CAC 40 (France) Alpha and Beta Analysis

C4
FCHI -- France Index  

 4,689  82.50  1.79%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for all equities including CAC 40, as well as systematic risk associated with investing in CAC 40 over a specified time horizon. Check out CAC 40 Backtesting, Portfolio Optimization, CAC 40 Correlation, CAC 40 Hype Analysis, CAC 40 Volatility, CAC 40 History and analyze CAC 40 Performance.

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Please note that although CAC 40 alpha is a measure of relative return and represented here as a single number, it actually indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, CAC 40 did 0.00  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of CAC 40 relative risk over its benchmark. CAC 40 has beta of 0.00  . The returns on DOW and CAC 40 are completely uncorrelated. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt benchmark. The goal is to know if an investor is being compensated for the volatility risk taken.The return on investment might be better than a benchmark but still not compensate for the assumption of the volatility risk.

CAC 40 Market Premiums

α0.00   β0.00
30 days against DJI

CAC 40 Fundamentals

CAC 40 Market Price Analysis

CAC 40 Return and Market Media

The median price of CAC 40 for the period between Fri, Feb 28, 2020 and Thu, May 28, 2020 is 4472.5 with a coefficient of variation of 9.81. The daily time series for the period is distributed with a sample standard deviation of 445.27, arithmetic mean of 4541.01, and mean deviation of 298.23. The Index did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

About CAC 40 Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in CAC 40 has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page