We consider Glacier Bancorp very steady. Glacier Bancorp holds Efficiency (Sharpe) Ratio of 0.053 which attests that the entity had 0.053% of return per unit of standard deviation over the last 3 months. Our philosophy in 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-six technical indicators for Glacier Bancorp which you can use to evaluate future volatility of the corporation. Please check out Glacier Bancorp Risk Adjusted Performance of 0.0379 and Market Risk Adjusted Performance of 0.0525 to validate if risk estimate we provide are consistent with the epected return of 0.0764%.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Almost mirrors market
|Horizon||30 Days Login to change|
Glacier Bancorp Market Sensitivity
|Glacier Bancorp returns are very sensitive to returns on the market. As market goes up or down, Glacier Bancorp is expected to follow. 3 Months Beta |Analyze Glacier Bancorp Demand TrendCheck current 30 days Glacier Bancorp correlation with market (DOW)|
β = 1.034
Glacier Bancorp Central Daily Price Deviation
Glacier Bancorp Technical Analysis
Glacier Bancorp Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.034 . This indicates Glacier Bancorp market returns are reactive to returns on the market. As the market goes up or down, Glacier Bancorp is expected to follow. Moreover, The company has an alpha of 0.0249 implying that it can potentially generate 0.0249% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Given the investment horizon of 30 days, the coefficient of variation of Glacier Bancorp is 1888.54. The daily returns are destributed with a variance of 2.08 and standard deviation of 1.44. The mean deviation of Glacier Bancorp is currently at 1.14. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
|Alpha over DOW||=||0.0249|
|Beta against DOW||=||1.03|
Glacier Bancorp Return Volatilitythe entity inherits 1.4428% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
Glacier Bancorp Investment Opportunity
Glacier Bancorp has a volatility of 1.44 and is 1.6 times more volatile than DOW. 12% of all equities and portfolios are less risky than Glacier Bancorp. Compared to the overall equity markets, volatility of historical daily returns of Glacier Bancorp is lower than 12 (%) of all global equities and portfolios over the last 30 days. Use Glacier Bancorp to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Glacier Bancorp to be traded at $40.3 in 30 days. . Glacier Bancorp returns are very sensitive to returns on the market. As market goes up or down, Glacier Bancorp is expected to follow.
Glacier Bancorp correlation with market
Glacier Bancorp Current Risk Indicators
|Risk Adjusted Performance||0.0379|
|Market Risk Adjusted Performance||0.0525|
|Coefficient Of Variation||2624.59|
Glacier Bancorp Suggested Diversification Pairs