PLUMB Mutual Fund Alpha and Beta Analysis

PLBBX
 Fund
  

USD 30.43  0.14  0.46%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PLUMB BALANCED FUND. It also helps investors analyze the systematic and unsystematic risks associated with investing in PLUMB BALANCED over a specified time horizon. Remember, high PLUMB BALANCED'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.
Please check PLUMB BALANCED Backtesting, Portfolio Optimization, PLUMB BALANCED Correlation, PLUMB BALANCED Hype Analysis, PLUMB BALANCED Volatility, PLUMB BALANCED History and analyze PLUMB BALANCED Performance.
  
Please note that although PLUMB BALANCED 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, PLUMB BALANCED did 0.042481  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 PLUMB BALANCED FUND fund's relative risk over its benchmark. PLUMB BALANCED FUND has a beta of 0.85  . Let's try to break down what PLUMB's beta means in this case. As returns on the market increase, PLUMB BALANCED returns are expected to increase less than the market. However, during the bear market, the loss on holding PLUMB BALANCED will be expected to be smaller as well.
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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.

PLUMB BALANCED Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PLUMB BALANCED market risk premium is the additional return an investor will receive from holding PLUMB BALANCED 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 PLUMB BALANCED. 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 PLUMB BALANCED's performance over market.
α-0.04   β0.85
90 days against NYA

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

PLUMB BALANCED Market Price Analysis

Market price analysis indicators help investors to evaluate how PLUMB BALANCED 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 PLUMB BALANCED shares will generate the highest return on investment. By understating and applying PLUMB BALANCED mutual fund market price indicators, traders can identify PLUMB BALANCED position entry and exit signals to maximize returns.

PLUMB BALANCED Return and Market Media

The median price of PLUMB BALANCED for the period between Sat, Sep 10, 2022 and Fri, Dec 9, 2022 is 29.69 with a coefficient of variation of 3.23. The daily time series for the period is distributed with a sample standard deviation of 0.96, arithmetic mean of 29.66, and mean deviation of 0.82. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

Build Portfolio with PLUMB BALANCED

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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Align your risk with return expectations

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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
Please check PLUMB BALANCED Backtesting, Portfolio Optimization, PLUMB BALANCED Correlation, PLUMB BALANCED Hype Analysis, PLUMB BALANCED Volatility, PLUMB BALANCED History and analyze PLUMB BALANCED Performance. Note that the PLUMB BALANCED FUND information on this page should be used as a complementary analysis to other PLUMB BALANCED'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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