Spyglass Growth Fund Alpha and Beta Analysis
SPYGX Fund | USD 15.05 0.06 0.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Spyglass Growth Fund. It also helps investors analyze the systematic and unsystematic risks associated with investing in Spyglass Growth over a specified time horizon. Remember, high Spyglass 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 Spyglass Growth's market risk premium analysis include:
Beta 0.32 | Alpha 0.0106 | Risk 1.33 | Sharpe Ratio 0.0274 | Expected Return 0.0364 |
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.
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Spyglass Growth Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Spyglass Growth market risk premium is the additional return an investor will receive from holding Spyglass 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 Spyglass 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 Spyglass Growth's performance over market.α | 0.01 | β | 0.32 |
Spyglass Growth 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 Spyglass Growth's Buy-and-hold return. Our buy-and-hold chart shows how Spyglass Growth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Spyglass Growth Market Price Analysis
Market price analysis indicators help investors to evaluate how Spyglass Growth 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 Spyglass Growth shares will generate the highest return on investment. By understating and applying Spyglass Growth mutual fund market price indicators, traders can identify Spyglass Growth position entry and exit signals to maximize returns.
Spyglass Growth Return and Market Media
The median price of Spyglass Growth for the period between Thu, Feb 1, 2024 and Wed, May 1, 2024 is 15.7 with a coefficient of variation of 2.7. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 15.68, and mean deviation of 0.36. The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
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About Spyglass 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 Spyglass or other funds. Alpha measures the amount that position in Spyglass Growth 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 Spyglass 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, Spyglass Growth's short interest history, or implied volatility extrapolated from Spyglass Growth options trading.
Build Portfolio with Spyglass Growth
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Align your risk with return expectations
Check out Spyglass Growth Backtesting, Portfolio Optimization, Spyglass Growth Correlation, Spyglass Growth Hype Analysis, Spyglass Growth Volatility, Spyglass Growth History and analyze Spyglass Growth Performance. Note that the Spyglass Growth information on this page should be used as a complementary analysis to other Spyglass Growth'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Spyglass Growth 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.