The 3d Printing Etf Alpha and Beta Analysis
| PRNT Etf | USD 21.56 0.28 1.32% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as The 3D Printing. It also helps investors analyze the systematic and unsystematic risks associated with investing in 3D Printing over a specified time horizon. Remember, high 3D Printing'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 3D Printing's market risk premium analysis include:
Beta 1.36 | Alpha (0) | Risk 1.34 | Sharpe Ratio 0.0777 | Expected Return 0.1 |
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.
PRNT |
3D Printing Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 3D Printing market risk premium is the additional return an investor will receive from holding 3D Printing 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 3D Printing. 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 3D Printing's performance over market.| α | -0.0027 | β | 1.36 |
3D Printing 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 3D Printing's Buy-and-hold return. Our buy-and-hold chart shows how 3D Printing performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.3D Printing Market Price Analysis
Market price analysis indicators help investors to evaluate how 3D Printing etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3D Printing shares will generate the highest return on investment. By understating and applying 3D Printing etf market price indicators, traders can identify 3D Printing position entry and exit signals to maximize returns.
3D Printing Return and Market Media
The median price of 3D Printing for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 20.3 with a coefficient of variation of 3.24. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 20.34, and mean deviation of 0.48. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Where are the Opportunities in - Stock Traders Daily | 08/28/2024 |
2 | 3D Printing ETF Shares Down 0.6 percent Whats Next | 11/01/2024 |
About 3D Printing 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 PRNT or other etfs. Alpha measures the amount that position in 3D Printing 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 3D Printing 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, 3D Printing's short interest history, or implied volatility extrapolated from 3D Printing options trading.
Build Portfolio with 3D Printing
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
Check out 3D Printing Backtesting, Portfolio Optimization, 3D Printing Correlation, 3D Printing Hype Analysis, 3D Printing Volatility, 3D Printing History and analyze 3D Printing Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
3D Printing technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.