Royce Small Cap Value Fund Alpha and Beta Analysis
| RYVFX Fund | USD 10.12 0.12 1.20% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Royce Small Cap Value. It also helps investors analyze the systematic and unsystematic risks associated with investing in Royce Small-cap over a specified time horizon. Remember, high Royce Small-cap'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 Royce Small-cap's market risk premium analysis include:
Beta 1.5 | Alpha (0.07) | Risk 1.13 | Sharpe Ratio 0.067 | Expected Return 0.0758 |
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.
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Royce Small-cap Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Royce Small-cap market risk premium is the additional return an investor will receive from holding Royce Small-cap 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 Royce Small-cap. 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 Royce Small-cap's performance over market.| α | -0.07 | β | 1.50 |
Royce Small-cap 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 Royce Small-cap's Buy-and-hold return. Our buy-and-hold chart shows how Royce Small-cap performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Royce Small-cap Market Price Analysis
Market price analysis indicators help investors to evaluate how Royce Small-cap 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 Royce Small-cap shares will generate the highest return on investment. By understating and applying Royce Small-cap mutual fund market price indicators, traders can identify Royce Small-cap position entry and exit signals to maximize returns.
Royce Small-cap Return and Market Media
The median price of Royce Small-cap for the period between Mon, Feb 5, 2024 and Sun, May 5, 2024 is 10.11 with a coefficient of variation of 2.17. The daily time series for the period is distributed with a sample standard deviation of 0.22, arithmetic mean of 10.09, and mean deviation of 0.18. The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
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About Royce Small-cap 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 Royce or other funds. Alpha measures the amount that position in Royce 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 Royce Small-cap 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, Royce Small-cap's short interest history, or implied volatility extrapolated from Royce Small-cap options trading.
Build Portfolio with Royce Small-cap
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
Check out Royce Small-cap Backtesting, Portfolio Optimization, Royce Small-cap Correlation, Royce Small-cap Hype Analysis, Royce Small-cap Volatility, Royce Small-cap History and analyze Royce Small-cap Performance. Note that the Royce Small Cap information on this page should be used as a complementary analysis to other Royce Small-cap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Royce Small-cap technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.