Astor Star Fund Alpha and Beta Analysis
| ASPGX Fund | USD 14.26 0.03 0.21% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Astor Star Fund. It also helps investors analyze the systematic and unsystematic risks associated with investing in Astor Star over a specified time horizon. Remember, high Astor Star'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 Astor Star's market risk premium analysis include:
Beta 0.65 | Alpha 0.001251 | Risk 0.45 | Sharpe Ratio 0.0968 | Expected Return 0.0439 |
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.
Astor |
Astor Star Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Astor Star market risk premium is the additional return an investor will receive from holding Astor Star 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 Astor Star. 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 Astor Star's performance over market.| α | 0 | β | 0.65 |
Astor Star 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 Astor Star's Buy-and-hold return. Our buy-and-hold chart shows how Astor Star performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Astor Star Market Price Analysis
Market price analysis indicators help investors to evaluate how Astor Star 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 Astor Star shares will generate the highest return on investment. By understating and applying Astor Star mutual fund market price indicators, traders can identify Astor Star position entry and exit signals to maximize returns.
Astor Star Return and Market Media
The median price of Astor Star for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 is 14.32 with a coefficient of variation of 1.85. The daily time series for the period is distributed with a sample standard deviation of 0.26, arithmetic mean of 14.3, and mean deviation of 0.22. The Fund received some media coverage during the period.About Astor Star 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 Astor or other funds. Alpha measures the amount that position in Astor Star 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 Astor Star 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, Astor Star's short interest history, or implied volatility extrapolated from Astor Star options trading.
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Check out Astor Star Backtesting, Portfolio Optimization, Astor Star Correlation, Astor Star Hype Analysis, Astor Star Volatility, Astor Star History and analyze Astor Star Performance. Note that the Astor Star Fund information on this page should be used as a complementary analysis to other Astor Star'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.
Astor Star 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.