QGIAX Mutual Fund Alpha and Beta Analysis

QGIAX
 Fund
  

USD 21.94  0.28  1.29%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Pear Tree Quality. It also helps investors analyze the systematic and unsystematic risks associated with investing in Pear Tree over a specified time horizon. Remember, high Pear Tree'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 Pear Tree Backtesting, Portfolio Optimization, Pear Tree Correlation, Pear Tree Hype Analysis, Pear Tree Volatility, Pear Tree History and analyze Pear Tree Performance.
  
Please note that although Pear Tree 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, Pear Tree did 0.00587  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 Pear Tree Quality fund's relative risk over its benchmark. Pear Tree Quality has a beta of 0.0231  . Let's try to break down what QGIAX's beta means in this case. As returns on the market increase, Pear Tree returns are expected to increase less than the market. However, during the bear market, the loss on holding Pear Tree will be expected to be smaller as well.
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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.

Pear Tree Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Pear Tree market risk premium is the additional return an investor will receive from holding Pear Tree 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 Pear Tree. 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 Pear Tree's performance over market.
α0.00587   β0.0231
90 days against DJI

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

Pear Tree Market Price Analysis

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

Pear Tree Return and Market Media

The median price of Pear Tree for the period between Wed, Aug 31, 2022 and Tue, Nov 29, 2022 is 20.71 with a coefficient of variation of 3.9. The daily time series for the period is distributed with a sample standard deviation of 0.81, arithmetic mean of 20.63, and mean deviation of 0.67. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Pear Tree 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 QGIAX or other funds. Alpha measures the amount that position in Pear Tree Quality 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 Pear Tree 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, Pear Tree's short interest history, or implied volatility extrapolated from Pear Tree options trading.

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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 Pear Tree Backtesting, Portfolio Optimization, Pear Tree Correlation, Pear Tree Hype Analysis, Pear Tree Volatility, Pear Tree History and analyze Pear Tree Performance. Note that the Pear Tree Quality information on this page should be used as a complementary analysis to other Pear Tree'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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