Sampp Midcap 400 Fund Statistic Functions Beta

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Sampp Midcap 400 correlated with the market. If Beta is less than 0 Sampp Midcap generally moves in the opposite direction as compared to the market. If Sampp Midcap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sampp Midcap 400 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sampp Midcap is generally in the same direction as the market. If Beta > 1 Sampp Midcap moves generally in the same direction as, but more than the movement of the benchmark.

Tracking Sampp Midcap inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.