Bzdyf Etf Alpha and Beta Analysis

BZDYF Etf  USD 28.00  0.29  1.05%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BZDYF. It also helps investors analyze the systematic and unsystematic risks associated with investing in BZDYF over a specified time horizon. Remember, high BZDYF'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 BZDYF's market risk premium analysis include:
Sharpe Ratio
Expected Return
Please note that although BZDYF 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, BZDYF did 0.030726  worse 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 BZDYF etf's relative risk over its benchmark. BZDYF has a beta of 0.25  . As returns on the market increase, BZDYF returns are expected to increase less than the market. However, during the bear market, the loss on holding BZDYF will be expected to be smaller as well. .
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 BZDYF Backtesting, Portfolio Optimization, BZDYF Correlation, BZDYF Hype Analysis, BZDYF Volatility, BZDYF History and analyze BZDYF Performance.

BZDYF Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BZDYF market risk premium is the additional return an investor will receive from holding BZDYF 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 BZDYF. 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 BZDYF's performance over market.
α-0.03   β0.25

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

BZDYF Market Price Analysis

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

BZDYF Return and Market Media

The median price of BZDYF for the period between Thu, Sep 7, 2023 and Wed, Dec 6, 2023 is 27.4 with a coefficient of variation of 1.98. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 27.29, and mean deviation of 0.43. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)  

About BZDYF 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 BZDYF or other otcs. Alpha measures the amount that position in BZDYF 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 BZDYF 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, BZDYF's short interest history, or implied volatility extrapolated from BZDYF options trading.

Build Portfolio with BZDYF

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.

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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 BZDYF Backtesting, Portfolio Optimization, BZDYF Correlation, BZDYF Hype Analysis, BZDYF Volatility, BZDYF History and analyze BZDYF Performance.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for BZDYF OTC Etf analysis

When running BZDYF's price analysis, check to measure BZDYF'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 BZDYF is operating at the current time. Most of BZDYF's value examination focuses on studying past and present price action to predict the probability of BZDYF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BZDYF's price. Additionally, you may evaluate how the addition of BZDYF to your portfolios can decrease your overall portfolio volatility.
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BZDYF technical otc etf 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, otc market cycles, or different charting patterns.
A focus of BZDYF technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BZDYF 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...