Primecap Odyssey Stock Fund Alpha and Beta Analysis

POSKX Fund  USD 41.42  0.25  0.61%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Primecap Odyssey Stock. It also helps investors analyze the systematic and unsystematic risks associated with investing in Primecap Odyssey over a specified time horizon. Remember, high Primecap Odyssey'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 Primecap Odyssey's market risk premium analysis include:
Beta
0.88
Alpha
(0.05)
Risk
0.74
Sharpe Ratio
0.19
Expected Return
0.14
Please note that although Primecap Odyssey alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Primecap Odyssey did 0.05  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Primecap Odyssey Stock fund's relative risk over its benchmark. Primecap Odyssey Stock has a beta of 0.88  . Primecap Odyssey returns are very sensitive to returns on the market. As the market goes up or down, Primecap Odyssey is expected to follow. .
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 Primecap Odyssey Backtesting, Portfolio Optimization, Primecap Odyssey Correlation, Primecap Odyssey Hype Analysis, Primecap Odyssey Volatility, Primecap Odyssey History and analyze Primecap Odyssey Performance.

Primecap Odyssey Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Primecap Odyssey market risk premium is the additional return an investor will receive from holding Primecap Odyssey 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 Primecap Odyssey. 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 Primecap Odyssey's performance over market.
α-0.05   β0.88

Primecap Odyssey 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 Primecap Odyssey's Buy-and-hold return. Our buy-and-hold chart shows how Primecap Odyssey performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Primecap Odyssey Market Price Analysis

Market price analysis indicators help investors to evaluate how Primecap Odyssey 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 Primecap Odyssey shares will generate the highest return on investment. By understating and applying Primecap Odyssey mutual fund market price indicators, traders can identify Primecap Odyssey position entry and exit signals to maximize returns.

Primecap Odyssey Return and Market Media

The median price of Primecap Odyssey for the period between Fri, Sep 6, 2024 and Thu, Dec 5, 2024 is 39.98 with a coefficient of variation of 1.97. The daily time series for the period is distributed with a sample standard deviation of 0.79, arithmetic mean of 40.01, and mean deviation of 0.61. The Fund received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Is PRIMECAP Odyssey Stock Fund a Strong Mutual Fund Pick Right Now - Yahoo Finance
09/13/2024

About Primecap Odyssey 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 PRIMECAP or other funds. Alpha measures the amount that position in Primecap Odyssey Stock 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 Primecap Odyssey 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, Primecap Odyssey's short interest history, or implied volatility extrapolated from Primecap Odyssey options trading.

Build Portfolio with Primecap Odyssey

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

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in PRIMECAP Mutual Fund

Primecap Odyssey financial ratios help investors to determine whether PRIMECAP 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 PRIMECAP with respect to the benefits of owning Primecap Odyssey security.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities