SVSPX Mutual Fund Alpha and Beta Analysis

SVSPX
 Fund
  

USD 233.08  0.26  0.11%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SSGA SP 500. It also helps investors analyze the systematic and unsystematic risks associated with investing in SSGA SP over a specified time horizon. Remember, high SSGA SP'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.
Additionally, take a look at SSGA SP Backtesting, Portfolio Optimization, SSGA SP Correlation, SSGA SP Hype Analysis, SSGA SP Volatility, SSGA SP History and analyze SSGA SP Performance.
  
Please note that although SSGA SP 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, SSGA SP did 0.05  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 SSGA SP 500 fund's relative risk over its benchmark. SSGA SP 500 has a beta of 1.08  . Let's try to break down what SVSPX's beta means in this case. SSGA SP returns are very sensitive to returns on the market. As the market goes up or down, SSGA SP is expected to follow.
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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.

SSGA SP Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SSGA SP market risk premium is the additional return an investor will receive from holding SSGA SP 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 SSGA SP. 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 SSGA SP's performance over market.
α-0.05   β1.08
90 days against NYA

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

SSGA SP Market Price Analysis

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

SSGA SP Return and Market Media

The median price of SSGA SP for the period between Tue, Sep 6, 2022 and Mon, Dec 5, 2022 is 220.26 with a coefficient of variation of 3.84. The daily time series for the period is distributed with a sample standard deviation of 8.43, arithmetic mean of 219.36, and mean deviation of 7.27. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About SSGA SP 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 SVSPX or other funds. Alpha measures the amount that position in SSGA SP 500 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 SSGA SP 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, SSGA SP's short interest history, or implied volatility extrapolated from SSGA SP options trading.

Build Portfolio with SSGA SP

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.

Build Diversified Portfolios

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
Additionally, take a look at SSGA SP Backtesting, Portfolio Optimization, SSGA SP Correlation, SSGA SP Hype Analysis, SSGA SP Volatility, SSGA SP History and analyze SSGA SP Performance. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for analysis

When running SSGA SP 500 price analysis, check to measure SSGA SP'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 SSGA SP is operating at the current time. Most of SSGA SP's value examination focuses on studying past and present price action to predict the probability of SSGA SP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SSGA SP's price. Additionally, you may evaluate how the addition of SSGA SP to your portfolios can decrease your overall portfolio volatility.
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SSGA SP 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 SSGA SP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SSGA SP 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...