WIG 30 (Poland) Alpha and Beta Analysis
| WIG30 Index | 2,822 4.08 0.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as WIG 30. It also helps investors analyze the systematic and unsystematic risks associated with investing in WIG 30 over a specified time horizon. Remember, high WIG 30'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 WIG 30's market risk premium analysis include:
Beta 0.0 | Alpha 0.0 | Risk 1.3 | Sharpe Ratio (0.08) | Expected Return (0.11) |
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.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in board of governors. WIG 30 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. WIG 30 market risk premium is the additional return an investor will receive from holding WIG 30 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 WIG 30. 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 WIG 30's performance over market.| α | 0.00 | β | 0.00 |
WIG 30 Return and Market Media
The median price of WIG 30 for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 2911.84 with a coefficient of variation of 2.62. The daily time series for the period is distributed with a sample standard deviation of 76.14, arithmetic mean of 2909.0, and mean deviation of 60.05. The Index 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 WIG 30 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, WIG 30's short interest history, or implied volatility extrapolated from WIG 30 options trading.