We consider Biglari Holdings very steady. Biglari Holdings secures Sharpe Ratio (or Efficiency) of 0.03 which signifies that the organization had 0.03% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing 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 Biglari Holdings which you can use to evaluate future volatility of the firm. Please confirm Biglari Holdings Risk Adjusted Performance of 0.0425 and Mean Deviation of 1.97 to double-check if risk estimate we provide are consistent with the epected return of 0.0883%.
90 Days Market Risk
Chance of Distress in 24 months
Close to average
90 Days Economic Sensitivity
Responds to market
|Horizon||30 Days Login to change|
Biglari Holdings Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Biglari Holdings will likely underperform. 3 Months Beta |Analyze Biglari Holdings Demand TrendCheck current 30 days Biglari Holdings correlation with market (DOW)|
β = 1.2617
Biglari Holdings Central Daily Price Deviation
Biglari Holdings Technical Analysis
Biglari Holdings Projected Return Density Against MarketAllowing for the 30-days total investment horizon, the stock has beta coefficient of 1.2617 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Biglari Holdings will likely underperform. Moreover, The company has an alpha of 0.065 implying that it can potentially generate 0.065% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Allowing for the 30-days total investment horizon, the coefficient of variation of Biglari Holdings is 3332.49. The daily returns are destributed with a variance of 8.66 and standard deviation of 2.94. The mean deviation of Biglari Holdings is currently at 2.15. For similar time horizon, the selected benchmark (DOW) has volatility of 0.88
|Alpha over DOW||=||0.07|
|Beta against DOW||=||1.26|
Biglari Holdings Return Volatilitythe entity accepts 2.9427% volatility on return distribution over the 30 days horizon. the entity inherits 0.9012% risk (volatility on return distribution) over the 30 days horizon.
Biglari Holdings Investment Opportunity
Biglari Holdings has a volatility of 2.94 and is 3.27 times more volatile than DOW. 26% of all equities and portfolios are less risky than Biglari Holdings. Compared to the overall equity markets, volatility of historical daily returns of Biglari Holdings is lower than 26 (%) of all global equities and portfolios over the last 30 days. Use Biglari Holdings to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Biglari Holdings to be traded at $121.67 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Biglari Holdings will likely underperform.
Biglari Holdings correlation with market
Biglari Holdings Current Risk Indicators
|Risk Adjusted Performance||0.0425|
|Market Risk Adjusted Performance||0.0932|
|Coefficient Of Variation||2474.97|
Biglari Holdings Suggested Diversification Pairs