Lesson 2.3

1. Click on the search box and search for the ticker symbol "POAGX"

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2. Under column L, line 1, type in the Rank in Category for the fund.

  • The rank in category gives you the rank of each fund based on all of the funds in that category. make sure to type in the rank out of how many funds are in that category. Example, this fund was ranked #3/590 (3 out of 590 funds).
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3. Under column M, line 1, type in the Lipper Rating for the fund.


4. Click on "risk" and then Under column N, line 1, type in the Standard Deviation for the fund.

  • The standard deviation is a statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance. (link)

  • Standard deviation calculates the risk, or the volatility of the funds. 

    • Risk = Volatility

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5. Under column O, line 1, type in the Alpha/Beta for the fund.

  • Difference Between Alpha and Beta. Beta is a historical measure of volatility. Beta measures how an asset (i.e. a stock, an ETF, or portfolio) moves versus a benchmark (i.e. an index). Alpha is a historical measure of an asset's return on investment compared to the risk adjusted expected return. (link)

1 | 1.1 | 1.2 | 1.3 | 2 | 2.1 | 2.2 | 2.3 | 2.4 | 3 | 3.1 | 3.2 | 4 | 4.1 | 4.2 | 4.3 | 4.4 | 4.5 | 4.6 | 5 | 5.1 | 5.2


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