Conestoga Micro Cap Fund Alpha and Beta Analysis

CMIRX Fund  USD 8.32  0.06  0.73%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Conestoga Micro Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Conestoga Micro over a specified time horizon. Remember, high Conestoga Micro'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 Conestoga Micro's market risk premium analysis include:
Beta
1.44
Alpha
0.000619
Risk
1.44
Sharpe Ratio
0.17
Expected Return
0.25
Please note that although Conestoga Micro 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, Conestoga Micro did 0.0006  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 Conestoga Micro Cap fund's relative risk over its benchmark. Conestoga Micro Cap has a beta of 1.44  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Conestoga Micro 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 Conestoga Micro Backtesting, Portfolio Optimization, Conestoga Micro Correlation, Conestoga Micro Hype Analysis, Conestoga Micro Volatility, Conestoga Micro History and analyze Conestoga Micro Performance.

Conestoga Micro Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Conestoga Micro market risk premium is the additional return an investor will receive from holding Conestoga Micro 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 Conestoga Micro. 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 Conestoga Micro's performance over market.
α0.0006   β1.44

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

Conestoga Micro Market Price Analysis

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

Conestoga Micro Return and Market Media

The median price of Conestoga Micro for the period between Tue, Sep 10, 2024 and Mon, Dec 9, 2024 is 7.43 with a coefficient of variation of 5.36. The daily time series for the period is distributed with a sample standard deviation of 0.41, arithmetic mean of 7.58, and mean deviation of 0.34. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

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Other Information on Investing in Conestoga Mutual Fund

Conestoga Micro financial ratios help investors to determine whether Conestoga 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 Conestoga with respect to the benefits of owning Conestoga Micro security.
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