MASSMUTUAL Mutual Fund Alpha and Beta Analysis

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MASSMUTUAL SELECT SMALL. It also helps investors analyze the systematic and unsystematic risks associated with investing in MASSMUTUAL SELECT over a specified time horizon. Remember, high MASSMUTUAL SELECT'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, see Correlation Analysis.
  
Please note that although MASSMUTUAL SELECT 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, MASSMUTUAL SELECT did 0.00  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 MASSMUTUAL SELECT SMALL fund's relative risk over its benchmark. MASSMUTUAL SELECT SMALL has a beta of 0.00  . Let's try to break down what MASSMUTUAL's beta means in this case. The returns on NYSE COMPOSITE and MASSMUTUAL SELECT are completely uncorrelated.
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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.

MASSMUTUAL SELECT Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MASSMUTUAL SELECT market risk premium is the additional return an investor will receive from holding MASSMUTUAL SELECT 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 MASSMUTUAL SELECT. 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 MASSMUTUAL SELECT's performance over market.
α0.00   β0.00
90 days against NYA

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

Build Portfolio with MASSMUTUAL SELECT

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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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, see Correlation Analysis. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Tools for MASSMUTUAL Mutual Fund

When running MASSMUTUAL SELECT SMALL price analysis, check to measure MASSMUTUAL SELECT'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 MASSMUTUAL SELECT is operating at the current time. Most of MASSMUTUAL SELECT's value examination focuses on studying past and present price action to predict the probability of MASSMUTUAL SELECT's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move MASSMUTUAL SELECT's price. Additionally, you may evaluate how the addition of MASSMUTUAL SELECT to your portfolios can decrease your overall portfolio volatility.
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