Devant Recebiveis (Brazil) Alpha and Beta Analysis

DEVA11 Fund  BRL 32.56  0.03  0.09%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Devant Recebiveis Imobiliarios. It also helps investors analyze the systematic and unsystematic risks associated with investing in Devant Recebiveis over a specified time horizon. Remember, high Devant Recebiveis' 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 Devant Recebiveis' market risk premium analysis include:
Beta
0.0596
Alpha
(0.24)
Risk
1.09
Sharpe Ratio
(0.29)
Expected Return
(0.32)
Please note that although Devant Recebiveis 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., Dow Jones Industrial index.) So in this particular case, Devant Recebiveis did 0.24  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 Devant Recebiveis Imobiliarios fund's relative risk over its benchmark. Devant Recebiveis has a beta of 0.06  . As returns on the market increase, Devant Recebiveis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Devant Recebiveis is expected to be smaller as well. .
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 Devant Recebiveis Backtesting, Portfolio Optimization, Devant Recebiveis Correlation, Devant Recebiveis Hype Analysis, Devant Recebiveis Volatility, Devant Recebiveis History and analyze Devant Recebiveis Performance.

Devant Recebiveis Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Devant Recebiveis market risk premium is the additional return an investor will receive from holding Devant Recebiveis 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 Devant Recebiveis. 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 Devant Recebiveis' performance over market.
α-0.24   β0.06

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

Devant Recebiveis Market Price Analysis

Market price analysis indicators help investors to evaluate how Devant Recebiveis fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Devant Recebiveis shares will generate the highest return on investment. By understating and applying Devant Recebiveis fund market price indicators, traders can identify Devant Recebiveis position entry and exit signals to maximize returns.

Devant Recebiveis Return and Market Media

The median price of Devant Recebiveis for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 35.88 with a coefficient of variation of 7.6. The daily time series for the period is distributed with a sample standard deviation of 2.68, arithmetic mean of 35.24, and mean deviation of 2.37. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

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

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Other Information on Investing in Devant Fund

Devant Recebiveis financial ratios help investors to determine whether Devant 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 Devant with respect to the benefits of owning Devant Recebiveis security.
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