Hancock Horizon Risk Analysis And Volatility

HHIAX -- USA Fund  

USD 12.82  0.00  0.00%

Macroaxis considers Hancock Horizon unknown risk given 2 months investment horizon. Hancock Horizon Dive holds Efficiency (Sharpe) Ratio of 0.6255 which attests that the entity had 0.6255% of return per unit of risk over the last 2 months. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Hancock Horizon Dive which you can use to evaluate future volatility of the entity. Please utilize Hancock Horizon Risk Adjusted Performance of 0.2238, Downside Deviation of 0.5808 and Market Risk Adjusted Performance of (5.07) to validate if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Hancock Horizon Market Sensitivity

As returns on market increase, returns on owning Hancock Horizon are expected to decrease at a much smaller rate. During bear market, Hancock Horizon is likely to outperform the market.
2 Months Beta |Analyze Hancock Horizon Dive Demand Trend
Check current 30 days Hancock Horizon correlation with market (DOW)
β = -0.0121

Hancock Horizon Central Daily Price Deviation

Hancock Horizon Dive Technical Analysis

Transformation
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Hancock Horizon Projected Return Density Against Market

Assuming 30 trading days horizon, Hancock Horizon Diversified Income Inv has beta of -0.0121 . This indicates as returns on benchmark increase, returns on holding Hancock Horizon are expected to decrease at a much smaller rate. During bear market, however, Hancock Horizon Diversified Income Inv is likely to outperform the market. Moreover, The company has an alpha of 0.0643 implying that it can potentially generate 0.0643% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Hancock Horizon is 159.88. The daily returns are destributed with a variance of 0.1 and standard deviation of 0.32. The mean deviation of Hancock Horizon Diversified Income Inv is currently at 0.24. For similar time horizon, the selected benchmark (DOW) has volatility of 1.74
α
Alpha over DOW
=0.06
β
Beta against DOW=0.01
σ
Overall volatility
=0.32
Ir
Information ratio =0.35

Hancock Horizon Return Volatility

the fund shows 0.3213% volatility of returns over 30 trading days. the entity inherits 1.5638% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hancock Horizon Volatility Factors

60 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

60 Days Economic Sensitivity

Insignificant

Investment Outlook

Hancock Horizon Investment Opportunity

DOW has a standard deviation of returns of 1.56 and is 4.88 times more volatile than Hancock Horizon Diversified Income Inv. 2% of all equities and portfolios are less risky than Hancock Horizon. Compared to the overall equity markets, volatility of historical daily returns of Hancock Horizon Diversified Income Inv is lower than 2 (%) of all global equities and portfolios over the last 30 days. Use Hancock Horizon Diversified Income Inv to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Hancock Horizon to be traded at $12.69 in 30 days. . As returns on market increase, returns on owning Hancock Horizon are expected to decrease at a much smaller rate. During bear market, Hancock Horizon is likely to outperform the market.

Hancock Horizon correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hancock Horizon Diversified In and equity matching DJI index in the same portfolio.

Hancock Horizon Volatility Indicators

Hancock Horizon Diversified Income Inv Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Money Managers module to screen money managers from public funds and etfs managed around the world.
Search macroaxis.com