BCOMHO Index Profile

BCOMHO Index   530.92  5.85  1.11%   
Market Performance
0 of 100
Heat Oil is listed at 530.92 as of the 27th of January 2023, which is a 1.11 percent up since the beginning of the trading day. The index's open price was 525.07. Heat Oil has hardly any chance of experiencing price decline in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Heat Oil are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of February 2022 and ending today, the 27th of January 2023. Click here to learn more.
Heat Oil has a volatility of 2.58 and is 2.26 times more volatile than NYSE Composite. 22  of all equities and portfolios are less risky than Heat Oil. Compared to the overall equity markets, volatility of historical daily returns of Heat Oil is lower than 22 () of all global equities and portfolios over the last 90 days.

Heat Oil Global Risk-Return Landscape

  Daily Expected Return (%)  
       Risk (%)  

Heat Oil Price Dispersion

Did you try this?

Run Watchlist Optimization Now

   

Watchlist Optimization

Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
All  Next Launch Module

Heat Oil Distribution of Returns

   Predicted Return Density   
       Returns  
Heat Oil's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how bcomho index's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Heat Oil Price Volatility?

Several factors can influence a index's market volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Heat Oil Against Global Markets

MERV  3.16   
0%
100.0%
HNX 30  1.45   
0%
45.0%
FTSE MIB  1.32   
0%
41.0%
FTWIHUNL  1.25   
0%
39.0%
Heat Oil  1.11   
0%
35.0%
PSI 20  1.07   
0%
33.0%
IDX 30  0.99   
0%
31.0%
IBEX 35  0.87   
0%
27.0%
HSI  0.81   
0%
25.0%
OMXH25  0.78   
0%
24.0%
CACT  0.73   
0%
23.0%
BELS  0.64   
0%
20.0%
NYA  0.61   
0%
19.0%
ASCX  0.60   
0%
18.0%
MXX  0.53   
0%
16.0%
FBM70  0.44   
0%
13.0%
FTAWJPN  0.40   
0%
12.0%
GDAXI  0.34   
0%
10.0%
CROBEX  0.25   
0%
7.0%
OSEFX  0.21   
0%
6.0%
OMXCPI  0.20   
0%
6.0%
ATX  0.17   
0%
5.0%
JA00  0.13   
0%
4.0%
TWII  0.04   
0%
1.0%
BETNG  0.04   
1.0%
0%
MCIALUM  0.04   
1.0%
0%
LU0130732877  0.07   
2.0%
0%
RTSI  0.12   
3.0%
0%
TDFI  0.52   
16.0%
0%
Tel Aviv  0.93   
29.0%
0%
AXMEKD  1.01   
31.0%
0%
 

Submit Heat Oil Story

Become Macroaxis Heat Oil Contributor

Submit your story or your unique perspective on Heat Oil and reach a very diverse and influential demographic landscape united by one goal - building optimal portfolios
Submit Macroaxis Story
Submit Heat Oil Story  
Check out Trending Equities. Note that the Heat Oil information on this page should be used as a complementary analysis to other Heat Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for BCOMHO Index analysis

When running Heat Oil price analysis, check to measure Heat Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heat Oil is operating at the current time. Most of Heat Oil's value examination focuses on studying past and present price action to predict the probability of Heat Oil's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Heat Oil's price. Additionally, you may evaluate how the addition of Heat Oil to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Fundamental Analysis
View fundamental data based on most recent published financial statements
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world