Sparinvest INDEX Financials

Please note that past performance is not an indicator of the future performance of Sparinvest INDEX, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Sparinvest INDEX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sparinvest INDEX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.

The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Sparinvest INDEX correlated with the market. If Beta is less than 0 Sparinvest INDEX generally moves in the opposite direction as compared to the market. If Sparinvest INDEX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sparinvest INDEX is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sparinvest INDEX is generally in the same direction as the market. If Beta > 1 Sparinvest INDEX moves generally in the same direction as, but more than the movement of the benchmark.