Evolve Canadian Aggregate Fund Alpha and Beta Analysis
| AGG Fund | 19.62 0.03 0.15% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Evolve Canadian Aggregate. It also helps investors analyze the systematic and unsystematic risks associated with investing in Evolve Canadian over a specified time horizon. Remember, high Evolve Canadian'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 Evolve Canadian's market risk premium analysis include:
Beta (0.01) | Alpha 0.0579 | Risk 0.46 | Sharpe Ratio 0.16 | Expected Return 0.0725 |
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.
Evolve |
Evolve Canadian Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Evolve Canadian market risk premium is the additional return an investor will receive from holding Evolve Canadian 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 Evolve Canadian. 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 Evolve Canadian's performance over market.| α | 0.06 | β | -0.01 |
Evolve Canadian 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 Evolve Canadian's Buy-and-hold return. Our buy-and-hold chart shows how Evolve Canadian performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Evolve Canadian Market Price Analysis
Market price analysis indicators help investors to evaluate how Evolve Canadian fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolve Canadian shares will generate the highest return on investment. By understating and applying Evolve Canadian fund market price indicators, traders can identify Evolve Canadian position entry and exit signals to maximize returns.
Evolve Canadian Return and Market Media
The median price of Evolve Canadian for the period between Sun, Oct 27, 2024 and Sat, Jan 25, 2025 is 19.44 with a coefficient of variation of 1.7. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 19.31, and mean deviation of 0.3. The Fund received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | AGG Talks Home Health Hospice Podcast - Episode 7 OIG Report Reveals Gaps in Hospice PRF Compliance What Providers Need to Know - JD Supra | 12/03/2024 |
2 | SFC bans responsible officer of Agg. Asset Management for life - FX News Group | 12/23/2024 |
About Evolve Canadian 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 Evolve or other funds. Alpha measures the amount that position in Evolve Canadian Aggregate 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 Evolve Canadian 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, Evolve Canadian's short interest history, or implied volatility extrapolated from Evolve Canadian options trading.
Build Portfolio with Evolve Canadian
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Other Information on Investing in Evolve Fund
Evolve Canadian financial ratios help investors to determine whether Evolve 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 Evolve with respect to the benefits of owning Evolve Canadian security.
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