Diamond Hill Risk Analysis And Volatility

DHIL -- USA Stock  

USD 144.64  0.47  0.32%

We consider Diamond Hill very steady. Diamond Hill Investment secures Sharpe Ratio (or Efficiency) of 0.1831 which denotes the organization had 0.1831% of return per unit of standard deviation over the last 3 months. Our philosophy in predicting 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 Diamond Hill Investment Group which you can use to evaluate future volatility of the firm. Please confirm Diamond Hill Investment Downside Deviation of 1.14, Semi Deviation of 1.01 and Mean Deviation of 0.8112 to check if risk estimate we provide are consistent with the epected return of 0.1907%.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress in 24 months

Very Small

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Diamond Hill Market Sensitivity

As returns on market increase, Diamond Hill returns are expected to increase less than the market. However during bear market, the loss on holding Diamond Hill will be expected to be smaller as well.
3 Months Beta |Analyze Diamond Hill Investment Demand Trend
Check current 30 days Diamond Hill correlation with market (DOW)
β = 0.7208

Diamond Hill Central Daily Price Deviation

Diamond Hill Investment Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Diamond Hill Investment high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Diamond Hill closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Diamond Hill Projected Return Density Against Market

Given the investment horizon of 30 days, Diamond Hill has beta of 0.7208 suggesting as returns on market go up, Diamond Hill average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Diamond Hill Investment Group will be expected to be much smaller as well. Moreover, The company has an alpha of 0.022 implying that it can potentially generate 0.022% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Diamond Hill is 546.23. The daily returns are destributed with a variance of 1.08 and standard deviation of 1.04. The mean deviation of Diamond Hill Investment Group is currently at 0.77. For similar time horizon, the selected benchmark (DOW) has volatility of 0.85
α
Alpha over DOW
=0.022
β
Beta against DOW=0.72
σ
Overall volatility
=1.04
Ir
Information ratio =0.0039

Diamond Hill Return Volatility

the business inherits 1.0416% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.7419% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Diamond Hill Investment Opportunity

Diamond Hill Investment Group has a volatility of 1.04 and is 1.41 times more volatile than DOW. of all equities and portfolios are less risky than Diamond Hill. Compared to the overall equity markets, volatility of historical daily returns of Diamond Hill Investment Group is lower than 9 () of all global equities and portfolios over the last 30 days. Use Diamond Hill Investment Group to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Diamond Hill to be traded at $143.19 in 30 days. . As returns on market increase, Diamond Hill returns are expected to increase less than the market. However during bear market, the loss on holding Diamond Hill will be expected to be smaller as well.

Diamond Hill correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Diamond Hill Investment Group and equity matching DJI index in the same portfolio.

Diamond Hill Current Risk Indicators

Diamond Hill Suggested Diversification Pairs

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