Zega Buy And Etf Alpha and Beta Analysis
| ZHDG Etf | USD 18.24 0.02 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ZEGA Buy and. It also helps investors analyze the systematic and unsystematic risks associated with investing in ZEGA Buy over a specified time horizon. Remember, high ZEGA Buy'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 ZEGA Buy's market risk premium analysis include:
Beta 0.54 | Alpha (0.01) | Risk 0.54 | Sharpe Ratio 0.0823 | Expected Return 0.0445 |
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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ZEGA Buy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ZEGA Buy market risk premium is the additional return an investor will receive from holding ZEGA Buy 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 ZEGA Buy. 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 ZEGA Buy's performance over market.| α | -0.008 | β | 0.54 |
ZEGA Buy 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 ZEGA Buy's Buy-and-hold return. Our buy-and-hold chart shows how ZEGA Buy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ZEGA Buy Market Price Analysis
Market price analysis indicators help investors to evaluate how ZEGA Buy etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZEGA Buy shares will generate the highest return on investment. By understating and applying ZEGA Buy etf market price indicators, traders can identify ZEGA Buy position entry and exit signals to maximize returns.
ZEGA Buy Return and Market Media
The median price of ZEGA Buy for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 18.23 with a coefficient of variation of 2.1. The daily time series for the period is distributed with a sample standard deviation of 0.38, arithmetic mean of 18.22, and mean deviation of 0.33. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | ZEGA Buy and Hedge ETF Shares Down 0.7 percent - Defense World | 03/11/2024 |
2 | How the price action is used to our Advantage - Stock Traders Daily | 03/26/2024 |
3 | Looking For Hands-Off Profits Discover How Option-Based ETFs Can Work For You - Tidal ETF Trust SoFi Enh - Benzinga | 04/11/2024 |
About ZEGA Buy 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 ZEGA or other etfs. Alpha measures the amount that position in ZEGA Buy 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 ZEGA Buy 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, ZEGA Buy's short interest history, or implied volatility extrapolated from ZEGA Buy options trading.
Build Portfolio with ZEGA Buy
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
Check out ZEGA Buy Backtesting, Portfolio Optimization, ZEGA Buy Correlation, ZEGA Buy Hype Analysis, ZEGA Buy Volatility, ZEGA Buy History and analyze ZEGA Buy Performance. Note that the ZEGA Buy information on this page should be used as a complementary analysis to other ZEGA Buy'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
ZEGA Buy technical 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, etf market cycles, or different charting patterns.