Near Term Tax Free Fund Alpha and Beta Analysis
| NEARX Fund | USD 2.10 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 Near Term Tax Free. It also helps investors analyze the systematic and unsystematic risks associated with investing in Near-term Tax over a specified time horizon. Remember, high Near-term Tax'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 Near-term Tax's market risk premium analysis include:
Beta 0.0197 | Alpha (0) | Risk 0.19 | Sharpe Ratio 0.0439 | Expected Return 0.0083 |
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.
Near-term |
Near-term Tax Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Near-term Tax market risk premium is the additional return an investor will receive from holding Near-term Tax 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 Near-term Tax. 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 Near-term Tax's performance over market.| α | -0.0035 | β | 0.02 |
Near-term Tax 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 Near-term Tax's Buy-and-hold return. Our buy-and-hold chart shows how Near-term Tax performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Near-term Tax Market Price Analysis
Market price analysis indicators help investors to evaluate how Near-term Tax 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 Near-term Tax shares will generate the highest return on investment. By understating and applying Near-term Tax mutual fund market price indicators, traders can identify Near-term Tax position entry and exit signals to maximize returns.
Near-term Tax Return and Market Media
Price Growth (%) |
| Timeline |
About Near-term Tax 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 Near-term or other funds. Alpha measures the amount that position in Near Term Tax 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 Near-term Tax 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, Near-term Tax's short interest history, or implied volatility extrapolated from Near-term Tax options trading.
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Other Information on Investing in Near-term Mutual Fund
Near-term Tax financial ratios help investors to determine whether Near-term 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 Near-term with respect to the benefits of owning Near-term Tax security.
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