Never mentioned ZIP displaying alpha as being "superior performance in your portfolio?" did I Tekvest? As usually you allege something I never said. I specifically said:
"and ZIP an extraordinarily good alpha level under the {CAPM] model."
You are showing you don't really grasp the CAPM model (again I am not a fan myself) but lets explain it to you in simple terms. Buying ZIP at $12 in early 2021 would have been extraordinarily bad alpha levels, compared to buying ZIP in late October at $0.30 cents. If we take the ASX200 as the market indicator on Beta it irrefutably not a factor - ASX200 trading around 6800 in Feb 2021 and trading 6800 again late October.
(yawn - the usual predictable and so often repeated attempt at misleading by yourself)
Meanwhile - GO ZIPPER!
Never mentioned ZIP displaying alpha as being "superior...
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Last
$1.78 |
Change
-0.035(1.93%) |
Mkt cap ! $2.246B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.81 | $1.74 | $30.57M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 110725 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 29116 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |