Psagot Index (Israel) Alpha and Beta Analysis
| PSG-F13 Etf | ILA 361.45 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Psagot Index Funds. It also helps investors analyze the systematic and unsystematic risks associated with investing in Psagot Index over a specified time horizon. Remember, high Psagot Index'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 Psagot Index's market risk premium analysis include:
Beta (0.01) | Alpha 0.0335 | Risk 0.11 | Sharpe Ratio 0.39 | Expected Return 0.0448 |
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.
Psagot |
Psagot Index Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Psagot Index market risk premium is the additional return an investor will receive from holding Psagot Index 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 Psagot Index. 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 Psagot Index's performance over market.| α | 0.03 | β | -0.0079 |
Psagot Index Opportunities
Psagot Index Return and Market Media
The Etf did not receive any noticable media coverage during the period. Price Growth (%) |
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About Psagot Index 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 Psagot or other etfs. Alpha measures the amount that position in Psagot Index Funds 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 Psagot Index 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, Psagot Index's short interest history, or implied volatility extrapolated from Psagot Index options trading.
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Other Information on Investing in Psagot Etf
Psagot Index financial ratios help investors to determine whether Psagot Etf 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 Psagot with respect to the benefits of owning Psagot Index security.