Macroaxis considers Hostess Brands to be abnormally risky. Hostess Brands Warrants
holds Efficiency (Sharpe) Ratio of -0.0499 which attests that Hostess Brands Warrants
had -0.0499% of return per unit of risk over the last 1 month. 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
. Hostess Brands Warrants exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hostess Brands Market Risk Adjusted Performance
of 0.08 and Risk Adjusted Performance of 0.024201 to validate risk estimate we provide. Macroaxis gives Hostess Brands performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 3.1123 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Hostess Brands will likely underperform.. Even though it is essential to pay attention to Hostess Brands Warrants current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hostess Brands Warrants exposes twenty-one different technical indicators which can help you to evaluate its performance. Hostess Brands Warrants has expected return of -0.1985%. Please be advised to check out Hostess Brands Jensen Alpha and Semi Variance to decide if Hostess Brands Warrants past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.38) |
Poor reverse predictability
Hostess Brands Inc Warrants has poor reverse predictability. Overlapping area represents the amount of predictability between Hostess Brands time series from August 27, 2018 to September 11, 2018 and September 11, 2018 to September 26, 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 -0.38 indicates that just about 38.0% of current Hostess Brands price fluctuation can be explain by its past prices. Given that Hostess Brands Inc Warrants has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Hostess Brands for similar time interval.
|Spearman Rank Test||-0.47|