Arca Gold Bugs Index Alpha and Beta Analysis
| HUI Index | 301.10 6.12 2.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ARCA Gold BUGS. It also helps investors analyze the systematic and unsystematic risks associated with investing in ARCA Gold over a specified time horizon. Remember, high ARCA Gold'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 ARCA Gold's market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 2.03 | Sharpe Ratio 0.0164 | Expected Return 0.0332 |
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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. ARCA Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ARCA Gold market risk premium is the additional return an investor will receive from holding ARCA Gold 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 ARCA Gold. 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 ARCA Gold's performance over market.| α | 0.00 | β | 0.00 |
ARCA Gold Return and Market Media
The median price of ARCA Gold for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 317.52 with a coefficient of variation of 5.01. The daily time series for the period is distributed with a sample standard deviation of 15.82, arithmetic mean of 316.17, and mean deviation of 12.83. The Index did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
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 ARCA Gold 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, ARCA Gold's short interest history, or implied volatility extrapolated from ARCA Gold options trading.