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Sparindex Alpha and Beta Analysis

SP
SPIDJWKL -- Denmark Stock  

DKK 135.40  4.35  3.32%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for Sparindex INDEX DJSI World KL as well as systematic risk associated with investing in Sparindex INDEX over a specified time horizon. Additionally, take a look at Sparindex INDEX Backtesting, Sparindex INDEX Valuation, Sparindex INDEX Correlation, Sparindex INDEX Hype Analysis, Sparindex INDEX Volatility, Sparindex INDEX History and analyze Sparindex INDEX Performance.
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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.

Sparindex INDEX Market Premiums

α0.23   β0.03
30 days against DJI

Sparindex INDEX expected buy-and-hold returns

Sparindex INDEX Market Price Analysis

Sparindex INDEX Return and Market Media

The median price of Sparindex INDEX for the period between Tue, Jan 7, 2020 and Mon, Apr 6, 2020 is 156.85 with a coefficient of variation of 8.26. The daily time series for the period is distributed with a sample standard deviation of 12.83, arithmetic mean of 155.36, and mean deviation of 9.72. The Stock did not receive any noticable media coverage during the period.
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  Timeline 

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