|HHICX -- USA Fund|| |
USD 13.01 0.00 0.00%
The fund retains Market Volatility (i.e. Beta) of 0.0234 which attests that as returns on market increase, Hancock Horizon returns are expected to increase less than the market. However during bear market, the loss on holding Hancock Horizon will be expected to be smaller as well. Even though it is essential to pay attention to Hancock Horizon Dive
current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Hancock Horizon Dive exposes twenty-one different technical indicators which can help you to evaluate its performance.
Risk-Adjusted Fund Performance
Over the last 30 days Hancock Horizon Diversified Income C has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, Hancock Horizon is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||11.82|
|Fifty Two Week High||13.17|
|Annual Report Expense Ratio||2.07%|
Hancock Horizon Dive Relative Risk vs. Return Landscape
If you would invest 1,304
in Hancock Horizon Diversified Income C on May 26, 2019
and sell it today you would lose (3.00)
from holding Hancock Horizon Diversified Income C or give up 0.23%
of portfolio value over 30
days. Hancock Horizon Diversified Income C is currently producing negative expected returns and takes up 0.1328% volatility of returns over 30 trading days. Put another way, 1% of traded equities are less volatile than the company and 99% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Assuming 30 trading days horizon, Hancock Horizon is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 6.13 times less risky than the market. the firm trades about -0.58 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.
Hancock Horizon Current Valuation
June 25, 2019
Hancock Horizon Market Risk Analysis
Sharpe Ratio = -0.5774
Hancock Horizon Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Hancock Horizon is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hancock Horizon
by adding it to a well-diversified