My Neighbor Alpha and Beta Analysis


USD 2.02  0.02  1.00%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as My Neighbor Alice. It also helps investors analyze the systematic and unsystematic risks associated with investing in My Neighbor over a specified time horizon. Remember, high My Neighbor'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 continue to My Neighbor Backtesting, Portfolio Optimization, My Neighbor Correlation, Cryptocurrency Center, My Neighbor Volatility, My Neighbor History and analyze My Neighbor Performance.
Please note that although My Neighbor 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., DOW index.) So in this particular case, My Neighbor did 0.09  better 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 My Neighbor Alice crypto's relative risk over its benchmark. My Neighbor Alice has a beta of 0.85  . Let's try to break down what ALICE's beta means in this case. As returns on the market increase, returns on owning My Neighbor are expected to decrease at a much lower rate. During the bear market, My Neighbor is likely to outperform the market.
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.

My Neighbor Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. My Neighbor market risk premium is the additional return an investor will receive from holding My Neighbor 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 My Neighbor. 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 My Neighbor's performance over market.
α0.09   β-0.85
90 days against DJI

My Neighbor Price Momentum Analysis

My Neighbor Market Price Analysis

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

My Neighbor Return and Market Media

The median price of My Neighbor for the period between Sun, Jun 26, 2022 and Sat, Sep 24, 2022 is 2.3 with a coefficient of variation of 12.66. The daily time series for the period is distributed with a sample standard deviation of 0.3, arithmetic mean of 2.37, and mean deviation of 0.26. The Crypto did not receive any noticable media coverage during the period.
 Price Growth (%)  

About My Neighbor 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 ALICE or other cryptos. Alpha measures the amount that position in My Neighbor Alice 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 cryptocurrency investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. However, unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards My Neighbor in the overall investment community. So, suppose investors can accurately measure the crypto's market sentiment. In that case, they can use it for their benefit. For example, some tools provided by cryptocurrency exchanges to gauge market sentiment could be utilized to time the market in a somewhat predictable way.

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Please continue to My Neighbor Backtesting, Portfolio Optimization, My Neighbor Correlation, Cryptocurrency Center, My Neighbor Volatility, My Neighbor History and analyze My Neighbor Performance. Note that the My Neighbor Alice information on this page should be used as a complementary analysis to other My Neighbor'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for ALICE Crypto Coin

When running My Neighbor Alice price analysis, check to measure My Neighbor's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy My Neighbor is operating at the current time. Most of My Neighbor's value examination focuses on studying past and present price actions to predict the probability of My Neighbor's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move My Neighbor's coin price. Additionally, you may evaluate how adding My Neighbor to your portfolios can decrease your overall portfolio volatility.
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