Macroaxis considers Hostess Brands abnormally risky given 1 month investment horizon. Hostess Brands Warrants
holds Efficiency (Sharpe) Ratio of 0.1164 which attests that Hostess Brands Warrants
had 0.1164% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators
that cannot be diversified away. We have found twenty-one technical indicators
for Hostess Brands Warrants which you can use to evaluate future volatility of the corporation. Please utilize Hostess Brands Downside Deviation
of 3.91, Market Risk Adjusted Performance
of 1.4 and Risk Adjusted Performance
of 0.2297 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Hostess Brands holds performance score of 7. The company retains Market Volatility (i.e. Beta) of 0.526 which attests that as returns on market increase, Hostess Brands returns are expected to increase less than the market. However during bear market, the loss on holding Hostess Brands will be expected to be smaller as well.. Although it is vital to follow to Hostess Brands Warrants
current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating Hostess Brands Warrants technical indicators
you can presently evaluate if the expected return of 0.4506% will be sustainable into the future. Please utilizes Hostess Brands Jensen Alpha
and Semi Variance
to make a quick decision on weather Hostess Brands Inc Warrants current trending patterns will revert.
|15 days auto-correlation|| 0.29 |
Hostess Brands Inc Warrants has poor predictability. Overlapping area represents the amount of predictability between Hostess Brands time series from October 19, 2018 to November 3, 2018 and November 3, 2018 to November 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hostess Brands Warrants price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Hostess Brands price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.23|