Wasatch Micro Cap Fund Alpha and Beta Analysis
| WGMVX Fund | USD 4.46 0.02 0.45% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wasatch Micro Cap. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wasatch Micro over a specified time horizon. Remember, high Wasatch Micro'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 Wasatch Micro's market risk premium analysis include:
Beta 1.4 | Alpha 0.0186 | Risk 1.26 | Sharpe Ratio 0.17 | Expected Return 0.22 |
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.
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Wasatch Micro Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wasatch Micro market risk premium is the additional return an investor will receive from holding Wasatch Micro 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 Wasatch Micro. 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 Wasatch Micro's performance over market.| α | 0.02 | β | 1.40 |
Wasatch Micro 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 Wasatch Micro's Buy-and-hold return. Our buy-and-hold chart shows how Wasatch Micro performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Wasatch Micro Market Price Analysis
Market price analysis indicators help investors to evaluate how Wasatch Micro mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wasatch Micro shares will generate the highest return on investment. By understating and applying Wasatch Micro mutual fund market price indicators, traders can identify Wasatch Micro position entry and exit signals to maximize returns.
Wasatch Micro Return and Market Media
The median price of Wasatch Micro for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 3.98 with a coefficient of variation of 4.24. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 4.02, and mean deviation of 0.13. The Fund received some media coverage during the period. Price Growth (%) |
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About Wasatch Micro 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 Wasatch or other funds. Alpha measures the amount that position in Wasatch Micro Cap 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 Wasatch Micro 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, Wasatch Micro's short interest history, or implied volatility extrapolated from Wasatch Micro options trading.
Build Portfolio with Wasatch Micro
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Other Information on Investing in Wasatch Mutual Fund
Wasatch Micro financial ratios help investors to determine whether Wasatch Mutual 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 Wasatch with respect to the benefits of owning Wasatch Micro security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |