SPTSX Index Alpha and Beta Analysis

GSPTSE
 Index
  

 20,181  88.60  0.44%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SPTSX Comp. It also helps investors analyze the systematic and unsystematic risks associated with investing in SPTSX Comp over a specified time horizon. Remember, high SPTSX Comp'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.
Check out SPTSX Comp Backtesting, Portfolio Optimization, SPTSX Comp Correlation, SPTSX Comp Hype Analysis, SPTSX Comp Volatility, SPTSX Comp History and analyze SPTSX Comp Performance.
  
Please note that although SPTSX Comp 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, SPTSX Comp 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 SPTSX Comp index's relative risk over its benchmark. SPTSX Comp has a beta of 0.00  . Let's try to break down what SPTSX's beta means in this case. The returns on DOW and SPTSX Comp 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.

SPTSX Comp Market Premiums

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

SPTSX Comp Fundamentals

SPTSX Comp Market Price Analysis

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

SPTSX Comp Return and Market Media

The median price of SPTSX Comp for the period between Fri, May 20, 2022 and Thu, Aug 18, 2022 is 19577.0 with a coefficient of variation of 3.77. The daily time series for the period is distributed with a sample standard deviation of 740.93, arithmetic mean of 19637.2, and mean deviation of 639.63. The Index did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About SPTSX Comp 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 SPTSX or other indexs. Alpha measures the amount that position in SPTSX Comp 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 SPTSX Comp 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, SPTSX Comp's short interest history, or implied volatility extrapolated from SPTSX Comp options trading.

Build Portfolio with SPTSX Comp

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
Check out SPTSX Comp Backtesting, Portfolio Optimization, SPTSX Comp Correlation, SPTSX Comp Hype Analysis, SPTSX Comp Volatility, SPTSX Comp History and analyze SPTSX Comp Performance. Note that the SPTSX Comp information on this page should be used as a complementary analysis to other SPTSX Comp'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Other Tools for SPTSX Index

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