|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.One Month Beta |Analyze Hancock Horizon Dive Demand TrendCheck current 30 days Hancock Horizon correlation with market (DOW)|
β = -0.3184
Hancock Horizon Dive Technical Analysis
Hancock Horizon Projected Return Density Against MarketAssuming 30 trading days horizon, Hancock Horizon Diversified Income Inv has beta of -0.3184 . 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, Hancock Horizon Diversified Income Inv has an alpha of 0.0318 implying that it can potentially generate 0.0318% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Hancock Horizon Return VolatilityHancock Horizon Diversified Income Inv shows 0.2388% volatility of returns over 30 trading days. DOW inherits 0.4303% risk (volatility on return distribution) over the 30 days horizon.