SML 시각화 + 알파 스크리너

선택한 유니버스에 대해 증권시장선을 그립니다. 어떤 주식이 위에(α 양수) 어떤 주식이 아래에 그려지는지 확인하세요. 알파 부호별 색상 코딩. 점을 클릭하여 전체 진단을 확인하세요.

Security Market Line + Alpha Screener

Find stocks above (underpriced) or below (overpriced) the SML

Important: Historical α is not a signal of future α — most documented anomalies decay rapidly post-publication. This is an educational visualization, not a buy/sell signal.

Universe

Period

Plot every stock on a graph with beta on the X-axis and expected return on the Y-axis. CAPM says they should all line up on a single straight line - the Security Market Line. Stocks above the line earn more than CAPM expects (positive alpha → maybe undervalued). Stocks below earn less (negative alpha → maybe overvalued). It's CAPM made visual.

모든 랩은 표준 교과서 수학에 근거합니다 (Bodie / Kane / Marcus, Fabozzi, Tandelilin). Read the full methodology in the How It Works panel above.