Cryptocurrency Q&A
Where can I find the beta of a mutual fund?
Where can I find the beta of a mutual fund?
CryptoProphet
Sat Aug 17 2024
|
7 answers
1331
Hello there, I'm interested in understanding where I can locate the beta of a mutual fund. As a financial investor, it's crucial for me to evaluate the risk and potential return of an investment, and beta is a key metric that helps me do just that. Could you please elaborate on the steps I should take to find this information? Is there a specific platform or database that's commonly used by investors in the cryptocurrency and finance sector? I'd appreciate any guidance you can provide.
7 answers
CryptoLodestarGuard
Mon Aug 19 2024
It involves plotting the excess monthly returns of a fund, over and above the risk-free rate, against the excess returns of a market benchmark, also adjusted for the risk-free rate.
Was this helpful?
172
48
SamsungShineBrightnessRadiance
Mon Aug 19 2024
This slope is none other than the beta of the fund, a quantitative measure of its systematic risk.
Was this helpful?
396
31
KatanaBladed
Mon Aug 19 2024
This plotting is done on a graph, with the excess returns of the fund on the Y-axis and those of the market benchmark on the X-axis.
Was this helpful?
165
85
CloudlitWonder
Mon Aug 19 2024
A line is then fitted through this scatter plot, aiming to best represent the relationship between the two sets of excess returns.
Was this helpful?
90
94
CharmedWhisper
Mon Aug 19 2024
The slope or gradient of this line is of particular interest, as it captures the sensitivity of the fund's returns to changes in the market benchmark's returns.
Was this helpful?
190
60
Load 5 more related questions
