Abrdn Physical Gold Etf Alpha and Beta Analysis
| SGOL Etf | USD 25.07 0.77 2.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as abrdn Physical Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Abrdn Physical over a specified time horizon. Remember, high Abrdn Physical'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 Abrdn Physical's market risk premium analysis include:
Beta (0.05) | Alpha 0.13 | Risk 1 | Sharpe Ratio 0.0661 | Expected Return 0.066 |
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.
Abrdn |
Abrdn Physical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Abrdn Physical market risk premium is the additional return an investor will receive from holding Abrdn Physical 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 Abrdn Physical. 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 Abrdn Physical's performance over market.| α | 0.13 | β | -0.05 |
Abrdn Physical 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 Abrdn Physical's Buy-and-hold return. Our buy-and-hold chart shows how Abrdn Physical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Abrdn Physical Market Price Analysis
Market price analysis indicators help investors to evaluate how Abrdn Physical etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Abrdn Physical shares will generate the highest return on investment. By understating and applying Abrdn Physical etf market price indicators, traders can identify Abrdn Physical position entry and exit signals to maximize returns.
Abrdn Physical Return and Market Media
The median price of Abrdn Physical for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 25.24 with a coefficient of variation of 3.15. The daily time series for the period is distributed with a sample standard deviation of 0.79, arithmetic mean of 25.09, and mean deviation of 0.66. The Etf received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Goldman Sachs Sees Gold Higher, Takes A Downbeat Stance On Iron Ore | 09/17/2024 |
2 | ETFs to Consider as Middle-East Conflicts Escalate | 10/03/2024 |
3 | Global Gold ETFs Shine Thanks To Geopolitical Uncertainties - Finimize | 11/08/2024 |
About Abrdn Physical 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 Abrdn or other etfs. Alpha measures the amount that position in abrdn Physical Gold 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 Abrdn Physical 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, Abrdn Physical's short interest history, or implied volatility extrapolated from Abrdn Physical options trading.
Build Portfolio with Abrdn Physical
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 Abrdn Physical Backtesting, Portfolio Optimization, Abrdn Physical Correlation, Abrdn Physical Hype Analysis, Abrdn Physical Volatility, Abrdn Physical History and analyze Abrdn Physical Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Abrdn Physical 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.