What are the key metrics to evaluate fund performance?
An example of an AI chatbot conversation about fund performance metrics.
What are the key metrics to evaluate fund performance?
The key metrics include return on investment (ROI), alpha, beta, and standard deviation.
Can you explain what alpha and beta mean?
Alpha measures a fund's performance relative to a benchmark, while beta indicates its volatility compared to the market.
How do I calculate the ROI for a mutual fund?
ROI is calculated by taking the net profit from the investment, dividing it by the initial investment cost, and multiplying by 100.
What is a good alpha value for a fund?
A positive alpha indicates outperformance compared to the benchmark, with values above 1 being considered good.
Use ChatGPT in Telegram
Get this answer and more from ChatGPT in Telegram, try it for free!
Get Started For FreeWhat can MagicBuddy do?
The Friendly AI in Your Pocket
Powered by advanced language models trained on billions of online words and conversations, MagicBuddy delivers friendly and helpful chat on demand.
Ask questions and get answers. Crack jokes and get laughs. Or even get writing ideas and study help. MagicBuddy's conversational intelligence allows for a truly unique and useful chat experience.
Curious? Try these prompts:
Telegram's Best AI-Powered Chatbot
MagicBuddy is incredibly easy to use and the responses are lightning fast! 🥇
Impressive! MagicBuddy is my go-to AI assistant. It’s quick, accurate, and user-friendly.
Sending voice messages makes it easier to use in the middle of the day and the answers are super fast.
Love it! A friend of mine told me about it and it has made my life so much easier. It’s like having a helpful friend in my pocket!
I use 2 months already, simply amazing! MagicBuddy delivers answers in a snap. It’s a must-have tool for staying informed!
Game-changer! MagicBuddy’s speed and accuracy are unmatched. It’s my secret weapon for productivity
Talk to ChatGPT on Telegram
Say Hello to Your New Telegram BFF - Try MagicBuddy Free!
Get Started For Free