Eagle Growth Income Fund Alpha and Beta Analysis
| HIGCX Fund | USD 21.22 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eagle Growth Income. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eagle Growth over a specified time horizon. Remember, high Eagle 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 Eagle Growth's market risk premium analysis include:
Beta (0.02) | Alpha 0.0583 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Eagle |
Eagle Growth Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eagle Growth market risk premium is the additional return an investor will receive from holding Eagle 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 Eagle 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 Eagle Growth's performance over market.| α | 0.06 | β | -0.02 |
Eagle Growth Fundamentals Vs Peers
Comparing Eagle Growth's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eagle Growth's direct or indirect competition across all of the common fundamentals between Eagle Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eagle Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Eagle Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eagle Growth by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eagle Growth to competition |
| Fundamentals | Eagle Growth | Peer Average |
| Price To Earning | 20.14 X | |
| Price To Book | 2.93 X | |
| Price To Sales | 2.29 X | |
| Annual Yield | 0.01 % | |
| Year To Date Return | 6.24 % | |
| One Year Return | 14.17 % | |
| Three Year Return | 4.68 % |
Eagle Growth Opportunities
Eagle Growth Return and Market Media
The Fund received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Hedge funds want to control your local newsbut democracy is getting in the way - Yahoo Finance | 05/19/2023 |
About Eagle 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 Eagle or other funds. Alpha measures the amount that position in Eagle Growth Income 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 Eagle 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, Eagle Growth's short interest history, or implied volatility extrapolated from Eagle Growth options trading.
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Other Information on Investing in Eagle Mutual Fund
Eagle Growth financial ratios help investors to determine whether Eagle Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eagle with respect to the benefits of owning Eagle Growth security.
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