1290 High Yield Fund Alpha and Beta Analysis

TNHIX Fund  USD 8.60  0.02  0.23%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 1290 High Yield. It also helps investors analyze the systematic and unsystematic risks associated with investing in 1290 High over a specified time horizon. Remember, high 1290 High'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 1290 High's market risk premium analysis include:
Beta
0.0638
Alpha
0.0115
Risk
0.13
Sharpe Ratio
0.24
Expected Return
0.0299
Please note that although 1290 High 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, 1290 High did 0.01  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 1290 High Yield fund's relative risk over its benchmark. 1290 High Yield has a beta of 0.06  . As returns on the market increase, 1290 High's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1290 High is expected to be smaller as well. .
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 1290 High Backtesting, Portfolio Optimization, 1290 High Correlation, 1290 High Hype Analysis, 1290 High Volatility, 1290 High History and analyze 1290 High Performance.

1290 High Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 1290 High market risk premium is the additional return an investor will receive from holding 1290 High 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 1290 High. 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 1290 High's performance over market.
α0.01   β0.06

1290 High 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 1290 High's Buy-and-hold return. Our buy-and-hold chart shows how 1290 High performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

1290 High Market Price Analysis

Market price analysis indicators help investors to evaluate how 1290 High 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 1290 High shares will generate the highest return on investment. By understating and applying 1290 High mutual fund market price indicators, traders can identify 1290 High position entry and exit signals to maximize returns.

1290 High Return and Market Media

The median price of 1290 High for the period between Wed, Sep 11, 2024 and Tue, Dec 10, 2024 is 8.51 with a coefficient of variation of 0.43. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 8.51, and mean deviation of 0.03. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About 1290 High 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 1290 or other funds. Alpha measures the amount that position in 1290 High Yield 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 1290 High 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, 1290 High's short interest history, or implied volatility extrapolated from 1290 High options trading.

Build Portfolio with 1290 High

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.

Build Diversified Portfolios

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 1290 Mutual Fund

1290 High financial ratios help investors to determine whether 1290 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 1290 with respect to the benefits of owning 1290 High security.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing