Century Small Cap Fund Alpha and Beta Analysis

CSMCX Fund  USD 49.00  0.65  1.31%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Century Small Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Century Small over a specified time horizon. Remember, high Century 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. Key technical indicators related to Century Small's market risk premium analysis include:
Beta
1.26
Alpha
0.0279
Risk
1.17
Sharpe Ratio
0.17
Expected Return
0.2
Please note that although Century 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 Jones Industrial index.) So in this particular case, Century Small did 0.03  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 Century Small Cap fund's relative risk over its benchmark. Century Small Cap has a beta of 1.26  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Century Small will likely underperform. .
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.
  
Check out Century Small Backtesting, Portfolio Optimization, Century Small Correlation, Century Small Hype Analysis, Century Small Volatility, Century Small History and analyze Century Small Performance.

Century Small Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Century Small market risk premium is the additional return an investor will receive from holding Century 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 Century 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 Century Small's performance over market.
α0.03   β1.26

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

Century Small Market Price Analysis

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

Century Small Return and Market Media

The median price of Century Small for the period between Wed, Sep 11, 2024 and Tue, Dec 10, 2024 is 46.15 with a coefficient of variation of 4.4. The daily time series for the period is distributed with a sample standard deviation of 2.06, arithmetic mean of 46.74, and mean deviation of 1.72. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

Build Portfolio with Century 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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Align your risk with return expectations

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

Other Information on Investing in Century Mutual Fund

Century Small financial ratios help investors to determine whether Century Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Century with respect to the benefits of owning Century Small security.
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