Amana Growth Fund Alpha and Beta Analysis

AMIGX Fund  USD 78.74  0.39  0.50%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Amana Growth Fund. It also helps investors analyze the systematic and unsystematic risks associated with investing in Amana Growth over a specified time horizon. Remember, high Amana Growth'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 Amana Growth's market risk premium analysis include:
Beta
0.95
Alpha
0.0436
Risk
0.9
Sharpe Ratio
0.21
Expected Return
0.19
Please note that although Amana Growth alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Amana Growth did 0.04  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 Amana Growth Fund fund's relative risk over its benchmark. Amana Growth Fund has a beta of 0.95  . Amana Growth returns are very sensitive to returns on the market. As the market goes up or down, Amana Growth is expected to follow. .
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.
  
Check out Amana Growth Backtesting, Portfolio Optimization, Amana Growth Correlation, Amana Growth Hype Analysis, Amana Growth Volatility, Amana Growth History and analyze Amana Growth Performance.

Amana Growth Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Amana Growth market risk premium is the additional return an investor will receive from holding Amana Growth 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 Amana Growth. 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 Amana Growth's performance over market.
α0.04   β0.95

Amana Growth 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 Amana Growth's Buy-and-hold return. Our buy-and-hold chart shows how Amana Growth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Amana Growth Market Price Analysis

Market price analysis indicators help investors to evaluate how Amana Growth mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Amana Growth shares will generate the highest return on investment. By understating and applying Amana Growth mutual fund market price indicators, traders can identify Amana Growth position entry and exit signals to maximize returns.

Amana Growth Return and Market Media

The median price of Amana Growth for the period between Wed, Dec 20, 2023 and Tue, Mar 19, 2024 is 75.52 with a coefficient of variation of 4.36. The daily time series for the period is distributed with a sample standard deviation of 3.26, arithmetic mean of 74.84, and mean deviation of 2.92. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Amana Growth 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 Amana or other funds. Alpha measures the amount that position in Amana Growth Fund 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 Amana Growth 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, Amana Growth's short interest history, or implied volatility extrapolated from Amana Growth options trading.

Build Portfolio with Amana Growth

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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Amana Growth Backtesting, Portfolio Optimization, Amana Growth Correlation, Amana Growth Hype Analysis, Amana Growth Volatility, Amana Growth History and analyze Amana Growth Performance.
Note that the Amana Growth Fund information on this page should be used as a complementary analysis to other Amana Growth'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Amana Mutual Fund analysis

When running Amana Growth's price analysis, check to measure Amana Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amana Growth is operating at the current time. Most of Amana Growth's value examination focuses on studying past and present price action to predict the probability of Amana Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Growth's price. Additionally, you may evaluate how the addition of Amana Growth to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Amana Growth technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Amana Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Amana Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...