Coronation Balanced (South Africa) Alpha and Beta Analysis
| 0P0000JYZT | 161.77 0.30 0.19% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Coronation Balanced Plus. It also helps investors analyze the systematic and unsystematic risks associated with investing in Coronation Balanced over a specified time horizon. Remember, high Coronation Balanced'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 Coronation Balanced's market risk premium analysis include:
Beta 0.1 | Alpha 0.0595 | Risk 0.44 | Sharpe Ratio 0.18 | Expected Return 0.0801 |
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.
Coronation |
Coronation Balanced Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Coronation Balanced market risk premium is the additional return an investor will receive from holding Coronation Balanced 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 Coronation Balanced. 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 Coronation Balanced's performance over market.| α | 0.06 | β | 0.10 |
Coronation Balanced Return and Market Media
The median price of Coronation Balanced for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 is 157.24 with a coefficient of variation of 1.81. The daily time series for the period is distributed with a sample standard deviation of 2.84, arithmetic mean of 156.65, and mean deviation of 2.23. The Fund 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 Coronation Balanced 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, Coronation Balanced's short interest history, or implied volatility extrapolated from Coronation Balanced options trading.
Build Portfolio with Coronation Balanced
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |