Microsectors Travel 3x Etf Alpha and Beta Analysis
| FLYU Etf | USD 65.32 0.19 0.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MicroSectors Travel 3X. It also helps investors analyze the systematic and unsystematic risks associated with investing in MicroSectors Travel over a specified time horizon. Remember, high MicroSectors Travel'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 MicroSectors Travel's market risk premium analysis include:
Beta 3.47 | Alpha 0.73 | Risk 3.37 | Sharpe Ratio 0.31 | Expected Return 1.04 |
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.
MicroSectors |
MicroSectors Travel Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MicroSectors Travel market risk premium is the additional return an investor will receive from holding MicroSectors Travel 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 MicroSectors Travel. 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 MicroSectors Travel's performance over market.| α | 0.73 | β | 3.47 |
MicroSectors Travel 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 MicroSectors Travel's Buy-and-hold return. Our buy-and-hold chart shows how MicroSectors Travel performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MicroSectors Travel Market Price Analysis
Market price analysis indicators help investors to evaluate how MicroSectors Travel etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MicroSectors Travel shares will generate the highest return on investment. By understating and applying MicroSectors Travel etf market price indicators, traders can identify MicroSectors Travel position entry and exit signals to maximize returns.
MicroSectors Travel Return and Market Media
The median price of MicroSectors Travel for the period between Fri, Sep 13, 2024 and Thu, Dec 12, 2024 is 52.13 with a coefficient of variation of 20.39. The daily time series for the period is distributed with a sample standard deviation of 10.7, arithmetic mean of 52.47, and mean deviation of 8.95. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Best Leveraged or Inverse ETFs Midway in Q4 - Zacks Investment Research | 11/18/2024 |
About MicroSectors Travel 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 MicroSectors or other etfs. Alpha measures the amount that position in MicroSectors Travel 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 MicroSectors Travel 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, MicroSectors Travel's short interest history, or implied volatility extrapolated from MicroSectors Travel options trading.
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Align your risk with return expectations
Check out MicroSectors Travel Backtesting, Portfolio Optimization, MicroSectors Travel Correlation, MicroSectors Travel Hype Analysis, MicroSectors Travel Volatility, MicroSectors Travel History and analyze MicroSectors Travel Performance. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
MicroSectors Travel technical etf 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, etf market cycles, or different charting patterns.