Ridgeworth Innovative Growth Fund Alpha and Beta Analysis

SAGAX Fund  USD 43.50  0.58  1.35%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ridgeworth Innovative Growth. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ridgeworth Innovative over a specified time horizon. Remember, high Ridgeworth Innovative'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 Ridgeworth Innovative's market risk premium analysis include:
Beta
1.32
Alpha
(0.06)
Risk
1.41
Sharpe Ratio
(0.01)
Expected Return
(0.01)
Please note that although Ridgeworth Innovative 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., NYSE Composite index.) So in this particular case, Ridgeworth Innovative did 0.06  worse 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 Ridgeworth Innovative Growth fund's relative risk over its benchmark. Ridgeworth Innovative has a beta of 1.32  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ridgeworth Innovative 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 Ridgeworth Innovative Backtesting, Portfolio Optimization, Ridgeworth Innovative Correlation, Ridgeworth Innovative Hype Analysis, Ridgeworth Innovative Volatility, Ridgeworth Innovative History and analyze Ridgeworth Innovative Performance.

Ridgeworth Innovative Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ridgeworth Innovative market risk premium is the additional return an investor will receive from holding Ridgeworth Innovative 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 Ridgeworth Innovative. 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 Ridgeworth Innovative's performance over market.
α-0.06   β1.32

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

Ridgeworth Innovative Market Price Analysis

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

Ridgeworth Innovative Return and Market Media

The median price of Ridgeworth Innovative for the period between Tue, Feb 27, 2024 and Mon, May 27, 2024 is 43.5 with a coefficient of variation of 2.85. The daily time series for the period is distributed with a sample standard deviation of 1.23, arithmetic mean of 43.16, and mean deviation of 1.03. The Fund received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Food VC PeakBridge has new 187M fund to transform future of food, like lab-made cocoa - Yahoo News Australia
05/15/2024

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

Build Portfolio with Ridgeworth Innovative

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
Check out Ridgeworth Innovative Backtesting, Portfolio Optimization, Ridgeworth Innovative Correlation, Ridgeworth Innovative Hype Analysis, Ridgeworth Innovative Volatility, Ridgeworth Innovative History and analyze Ridgeworth Innovative Performance.
Note that the Ridgeworth Innovative information on this page should be used as a complementary analysis to other Ridgeworth Innovative'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Ridgeworth Innovative 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.
A focus of Ridgeworth Innovative technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ridgeworth Innovative trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...