|Horizon||30 Days Login to change|
Hancock Horizon Market Sensitivity
|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.One Month Beta |Analyze Hancock Horizon Dive Demand TrendCheck current 30 days Hancock Horizon correlation with market (DOW)|
β = 0.0145
Hancock Horizon Dive Technical Analysis
Hancock Horizon Projected Return Density Against MarketAssuming 30 trading days horizon, Hancock Horizon has beta of 0.0145 . This indicates as returns on market go up, Hancock Horizon average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hancock Horizon Diversified Income C will be expected to be much smaller as well. Additionally, Hancock Horizon Diversified Income C has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Hancock Horizon Return VolatilityHancock Horizon Diversified Income C shows 0.1892% volatility of returns over 30 trading days. DOW inherits 0.3947% risk (volatility on return distribution) over the 30 days horizon.