在投资领域中,Alpha因子和"风险因子"是两个重要的概念,可以帮助投资者理解和分析投资回报。Alpha代表了投资组合相对于基准指数的超额回报,而Beta风险因子则是影响投资回报的市场风险源。我们使用统计模型来进行演示区分这两者,比如著名的资本资产定价模型(CAPM)。 资本资产定价模型(CAPM) CAPM模型描述了预期回报率与市场...
GOOG Stock USD 163.18 0.12 0.07% This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alphabet Inc Class C. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alphabet over a ...
alpha stock Financial n (Stock Exchange) any of the most active securities on the Stock Exchange of which there are between 100 and 200; at least ten market makers must continuously display the prices of an alpha stock and all transactions in them must be published immediately ...
A high alpha stock is considered a higher risk. However, it also provides higher returns to investors. What are low beta stocks? Low beta stocks are stocks with a beta value that is less than 1. This means that the stock is less volatile than the market and is, therefore, less risky....
Here’s an example: Let’s say you want to purchase shares of a stock with a beta of 1.5. This means that the stock carries 50% more risk than the overall market. If you are a risk-averse investor, you may determine that this investment is above your tolerance and avoid it altogether...
Beta is a common measure of how correlated an individual stock's price is with the broader market,often using the S&P 500index as a benchmark.相关性不是因果性,即便两个资产高度相关,也可能由第三个或许是看不见的因素导致。 逆相关告诉你什么?
Generally, the higher a stock's beta, the more volatile it is. While a stock's beta measures its volatility, it does not necessarily predict direction. A stock that performs 50% worse than the S&P 500 in a down market and a stock that performs 50% better than the S&P 500 in an up...
Beta represents the systematic risk of a portfolio. Rmrepresents the market return, per a benchmark. What is a beta in a relationship? Anonymous. The Beta/Beta relationship ischaracterized by gentleness and sensitivity which contribute in a very positive way to intimacy. The pairing of two Beta...
Alpha and beta are two of the key measurements used to evaluate the performance of a stock, a fund, or an investment portfolio. Alpha measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against. Beta measures the...
If a stock or fund outperforms the market for a year, it is probably because of beta or random luck rather than alpha. Defining Alpha Alpha is the excess return on an investment after adjusting for market-related volatility and random fluctuations. Alpha is one of the five major risk manage...