Product Update - May 8, 2023
Dynamic Predicted Beta
Hello,
Today’s update releases Omega Point's custom Dynamic Predicted Beta workflow into the API and UI for all current users.
Dynamic Predicted Beta
Predicted betas are useful in evaluating the sensitivity of a portfolio to certain markets and themes. Now, customers can generate on-the-fly insights into how a security or portfolio moves relative to any instrument — be it an index, ETF, basket, or even another portfolio or inline position set. Dynamic Predicted Beta is now officially available in both the API and UI.
Users can now:
Pick a custom instrument to calculate a Predicted Beta relative to
Understand the total and/or active portfolio level Predicted Beta
Understand the asset contributions to the overall total and/or active portfolio level Predicted Beta
Understand asset standalone Predicted Betas relative to the custom instrument
Find detailed descriptions of UI workflows and sample API queries in this support article.