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Hamilton Volatility

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HBB -- USA Stock  

Earning Report: April 23, 2020  

Macroaxis considers Hamilton Beach to be very risky. Hamilton Beach Brands holds Efficiency (Sharpe) Ratio of -0.1337, which attests that the entity had -0.1337% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Hamilton Beach Brands exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hamilton Beach Market Risk Adjusted Performance of (6.40) and Risk Adjusted Performance of (0.51) to validate the risk estimate we provide.
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Hamilton Beach Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Hamilton daily returns, and it is calculated using variance and standard deviation. We also use Hamilton's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Hamilton Beach volatility.
Interest Expense

90 Days Market Risk

Very risky

Chance of Distress

Below Average

90 Days Economic Sensitivity

Barely shadows market

Hamilton Beach Market Sensitivity

As returns on market increase, Hamilton Beach returns are expected to increase less than the market. However, during bear market, the loss on holding Hamilton Beach will be expected to be smaller as well.
3 Months Beta |Analyze Hamilton Beach Brands Demand Trend
Check current 30 days Hamilton Beach correlation with market (DOW)
β = 0.1368

Hamilton Beach Central Daily Price Deviation

Hamilton Beach Brands Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Hamilton Beach Brands price series. View also all equity analysis or get more info about median price price transform indicator.

Hamilton Beach Projected Return Density Against Market

Considering 30-days investment horizon, Hamilton Beach has beta of 0.1368 . This indicates as returns on market go up, Hamilton Beach average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hamilton Beach Brands Holding C will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Hamilton Beach Brands is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Considering 30-days investment horizon, the coefficient of variation of Hamilton Beach is -747.89. The daily returns are destributed with a variance of 43.05 and standard deviation of 6.56. The mean deviation of Hamilton Beach Brands Holding C is currently at 3.37. For similar time horizon, the selected benchmark (DOW) has volatility of 3.81
α
Alpha over DOW
=0.83
β
Beta against DOW=0.14
σ
Overall volatility
=6.56
Ir
Information ratio =0.08

Hamilton Beach Return Volatility

the company has volatility of 6.5614% on return distribution over 30 days investment horizon. the entity inherits 3.8077% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Hamilton Beach Investment Opportunity

Hamilton Beach Brands Holding C has a volatility of 6.56 and is 1.72 times more volatile than DOW. 58  of all equities and portfolios are less risky than Hamilton Beach. Compared to the overall equity markets, volatility of historical daily returns of Hamilton Beach Brands Holding C is higher than 58 () of all global equities and portfolios over the last 30 days. Use Hamilton Beach Brands Holding C to protect your portfolios against small markets fluctuations. The stock experiences very speculative upward sentiment. Check odds of Hamilton Beach to be traded at $9.03 in 30 days. . As returns on market increase, Hamilton Beach returns are expected to increase less than the market. However, during bear market, the loss on holding Hamilton Beach will be expected to be smaller as well.

Hamilton Beach correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hamilton Beach Brands Holding and equity matching DJI index in the same portfolio.

Hamilton Beach Current Risk Indicators

Hamilton Beach Suggested Diversification Pairs

Please check Risk vs Return Analysis. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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