XACT OBX (Norway) 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 XACT OBX. It also helps investors analyze the systematic and unsystematic risks associated with investing in XACT OBX over a specified time horizon. Remember, high XACT OBX'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.
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Please note that although XACT OBX 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, XACT OBX 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 XACT OBX etf's relative risk over its benchmark. XACT OBX has a beta of 0.00  . Let's try to break down what OBXEXACTO's beta means in this case. The returns on DOW and XACT OBX 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.

XACT OBX Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. XACT OBX market risk premium is the additional return an investor will receive from holding XACT OBX 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 XACT OBX. 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 XACT OBX's performance over market.
α0.00   β0.00
90 days against DJI
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 XACT OBX 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, XACT OBX's short interest history, or implied volatility extrapolated from XACT OBX options trading.

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Check out Your Equity Center. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for OBXEXACTO Etf

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