Kinetics Mutual Fund Alpha and Beta Analysis


USD 138.35  3.45  2.56%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Kinetics Small Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Kinetics Small over a specified time horizon. Remember, high Kinetics Small'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 see Kinetics Small Backtesting, Portfolio Optimization, Kinetics Small Correlation, Kinetics Small Hype Analysis, Kinetics Small Volatility, Kinetics Small History and analyze Kinetics Small Performance.
Please note that although Kinetics Small 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, Kinetics Small did 0.27  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 Kinetics Small Cap fund's relative risk over its benchmark. Kinetics Small Cap has a beta of 0.1  . Let's try to break down what Kinetics's beta means in this case. As returns on the market increase, Kinetics Small returns are expected to increase less than the market. However, during the bear market, the loss on holding Kinetics Small will be expected to be smaller as well.
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.

Kinetics Small Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Kinetics Small market risk premium is the additional return an investor will receive from holding Kinetics Small 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 Kinetics Small. 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 Kinetics Small's performance over market.
α0.27   β0.1
90 days against DJI

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

Kinetics Small Market Price Analysis

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

Kinetics Small Return and Market Media

The median price of Kinetics Small for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 is 117.42 with a coefficient of variation of 9.46. The daily time series for the period is distributed with a sample standard deviation of 11.47, arithmetic mean of 121.29, and mean deviation of 9.88. The Fund received some media coverage during the period.
 Price Growth (%)  
6 Stock Picks to Buy Now Investment Strategy From a Top 1 pe...09/02/2022

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

Build Portfolio with Kinetics Small

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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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 see Kinetics Small Backtesting, Portfolio Optimization, Kinetics Small Correlation, Kinetics Small Hype Analysis, Kinetics Small Volatility, Kinetics Small History and analyze Kinetics Small Performance. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for analysis

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