1290 Gamco Smallmid Fund Alpha and Beta Analysis
| TNVCX Fund | USD 18.17 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 1290 Gamco Smallmid. It also helps investors analyze the systematic and unsystematic risks associated with investing in 1290 Gamco over a specified time horizon. Remember, high 1290 Gamco'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 Gamco's market risk premium analysis include:
Beta (0.08) | Alpha (0.0002) | Risk 0.24 | Sharpe Ratio 0.13 | Expected Return 0.0315 |
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.
1290 |
1290 Gamco Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 1290 Gamco market risk premium is the additional return an investor will receive from holding 1290 Gamco 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 Gamco. 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 Gamco's performance over market.| α | -0.0002 | β | -0.08 |
1290 Gamco Fundamentals Vs Peers
Comparing 1290 Gamco's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze 1290 Gamco's direct or indirect competition across all of the common fundamentals between 1290 Gamco and the related equities. This way, we can detect undervalued stocks with similar characteristics as 1290 Gamco or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of 1290 Gamco's fundamental indicators could also be used in its relative valuation, which is a method of valuing 1290 Gamco by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare 1290 Gamco to competition |
| Fundamentals | 1290 Gamco | Peer Average |
| Price To Earning | 19.87 X | 6.53 X |
| Price To Book | 2.06 X | 0.74 X |
| Price To Sales | 0.71 X | 0.61 X |
| Annual Yield | 0.01 % | 0.29 % |
| Year To Date Return | 9.51 % | 0.39 % |
| One Year Return | 27.93 % | 4.15 % |
| Three Year Return | 5.84 % | 3.60 % |
1290 Gamco Opportunities
1290 Gamco Return and Market Media
The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About 1290 Gamco 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 Gamco Smallmid 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 Gamco 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 Gamco's short interest history, or implied volatility extrapolated from 1290 Gamco options trading.
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Other Information on Investing in 1290 Mutual Fund
1290 Gamco 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 Gamco security.
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