Diamond Hill Risk Analysis

Diamond Hill Investment Group Inc -- USA Stock  

USD 209.33  0.48  0.23%

Our philosophy in predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Diamond Hill Investment Group Inc which you can use to evaluate future volatility of the firm. Please confirm Diamond Hill Investment Semi Deviation of 0.8408, Mean Deviation of 0.5864 and Downside Deviation of 0.9712 to check if risk estimate we provide are consistent with the epected return of 0.0%.
Investment Horizon     30 Days    Login   to change

Diamond Hill Market Sensitivity

As returns on market increase, returns on owning Diamond Hill are expected to decrease at a much smaller rate. During bear market, Diamond Hill is likely to outperform the market.
One Month Beta |Analyze Diamond Hill Investment Demand Trend
Check current 30 days Diamond Hill correlation with market (DOW)
β = -0.0903
Diamond Hill Almost negative betaDiamond Hill Investment Beta Legend

Diamond Hill Investment Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Diamond Hill Investment Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Given the investment horizon of 30 days, Diamond Hill Investment Group Inc has beta of -0.0903 suggesting as returns on benchmark increase, returns on holding Diamond Hill are expected to decrease at a much smaller rate. During bear market, however, Diamond Hill Investment Group Inc is likely to outperform the market. Moreover, Diamond Hill Investment Group Inc has an alpha of 0.0521 implying that it can potentially generate 0.0521% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
α
Alpha over DOW
=0.0521
βBeta against DOW=0.09
σ
Overall volatility
=0.00
 IrInformation ratio =0.21

Actual Return Volatility

Diamond Hill Investment Group Inc inherits 0.0% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.4911% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Diamond Hill Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Close to average

30 Days Economic Sensitivity

Indifferent to market move

Total Liabilities

Diamond Hill Investment Total Liabilities History

Total Liabilities

Largest Trends

Diamond Hill Largest Period Trend
 210.6 
  
 206.74 
3.86  1.83%
Lowest period price (30 days)
 213.8 
  
 215.98 
2.18  1.02%
Highest period price (30 days)

Investment Outlook

Diamond Hill Investment Opportunity
DOW has a standard deviation of returns of 0.49 and is 9.223372036854776E16 times more volatile than Diamond Hill Investment Group Inc. 0% of all equities and portfolios are less risky than Diamond Hill. Compared to the overall equity markets, volatility of historical daily returns of Diamond Hill Investment Group Inc is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Diamond Hill Investment Group Inc to enhance returns of your portfolios. The stock experiences normal upward fluctuation. Check odds of Diamond Hill to be traded at $219.8 in 30 days. As returns on market increase, returns on owning Diamond Hill are expected to decrease at a much smaller rate. During bear market, Diamond Hill is likely to outperform the market.

Diamond Hill correlation with market

Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Diamond Hill Investment Group and equity matching DJI index in the same portfolio.

Volatility Indicators

Diamond Hill Current Risk Indicators