Microsectors Fang Index Etf Alpha and Beta Analysis
| FNGD Etf | USD 38.08 1.84 4.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MicroSectors FANG Index. It also helps investors analyze the systematic and unsystematic risks associated with investing in MicroSectors FANG over a specified time horizon. Remember, high MicroSectors FANG's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MicroSectors FANG's market risk premium analysis include:
Beta (1.92) | Alpha (0.29) | Risk 4.49 | Sharpe Ratio (0.02) | Expected Return (0.07) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the 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 its reference but still not compensate for the assumption of the risk.
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MicroSectors FANG Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MicroSectors FANG market risk premium is the additional return an investor will receive from holding MicroSectors FANG long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MicroSectors FANG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MicroSectors FANG's performance over market.| α | -0.29 | β | -1.92 |
MicroSectors FANG expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MicroSectors FANG's Buy-and-hold return. Our buy-and-hold chart shows how MicroSectors FANG performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MicroSectors FANG Market Price Analysis
Market price analysis indicators help investors to evaluate how MicroSectors FANG etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectors FANG shares will generate the highest return on investment. By understating and applying MicroSectors FANG etf market price indicators, traders can identify MicroSectors FANG position entry and exit signals to maximize returns.
MicroSectors FANG Return and Market Media
The median price of MicroSectors FANG for the period between Fri, Feb 2, 2024 and Thu, May 2, 2024 is 38.2 with a coefficient of variation of 8.38. The daily time series for the period is distributed with a sample standard deviation of 3.26, arithmetic mean of 38.94, and mean deviation of 2.36. The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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About MicroSectors FANG 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 financial instruments including MicroSectors or other etfs. Alpha measures the amount that position in MicroSectors FANG Index 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MicroSectors FANG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MicroSectors FANG's short interest history, or implied volatility extrapolated from MicroSectors FANG options trading.
Build Portfolio with MicroSectors FANG
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out MicroSectors FANG Backtesting, Portfolio Optimization, MicroSectors FANG Correlation, MicroSectors FANG Hype Analysis, MicroSectors FANG Volatility, MicroSectors FANG History and analyze MicroSectors FANG Performance. Note that the MicroSectors FANG Index information on this page should be used as a complementary analysis to other MicroSectors FANG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
MicroSectors FANG technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.