Projected Return Density against MarketAllowing for 30-days total investment horizon, the stock has beta coefficient of 2.36 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, FutureFuel will likely underperform. Additionally, FutureFuel Corp has negative alpha implying that risk taken by holding this equity is not justified. The company is significantly underperforming S&P 500 Allowing for 30-days total investment horizon, the coefficient of variation of FutureFuel is -1246.35. The daily returns are destributed with a variance of 5.43 and standard deviation of 2.33. The mean deviation of FutureFuel Corp is currently at 1.8. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.46
Actual Return VolatilityFutureFuel Corp accepts 2.33% volatility on return distribution over the 30 days horizon. S&P 500 shows 0.46% volatility of returns over 30 trading days.
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FutureFuel Corp has a volatility of 2.33 and is 5.07 times more volatile than S&P 500. 25% of all equities and portfolios are less risky than FutureFuel. Compared with the overall equity markets, volatility of historical daily returns of FutureFuel Corp is lower than 25 (%) of all global equities and portfolios over the last 30 days. Use FutureFuel Corp to protect against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of FutureFuel to be traded at $15.08 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, FutureFuel will likely underperform.
FutureFuel correlation with market
FutureFuel Current Risk Indicators
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