Hancock Horizon Risk Analysis And Volatility Evaluation

HHICX -- USA Fund  

USD 13.03  0.08  0.61%

Macroaxis considers Hancock Horizon to be not too risky. Hancock Horizon Dive holds Efficiency (Sharpe) Ratio of -0.2558 which attests that Hancock Horizon Dive had -0.2558% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any fund is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Hancock Horizon Dive exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hancock Horizon Market Risk Adjusted Performance of 3.54 and Risk Adjusted Performance of 0.09 to validate risk estimate we provide.
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 Trend
Check current 30 days Hancock Horizon correlation with market (DOW)
β = 0.0145
Hancock Horizon Small BetaHancock Horizon Dive Beta Legend

Hancock Horizon Dive Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Hancock Horizon Dive Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Hancock Horizon Projected Return Density Against Market

Assuming 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 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Hancock Horizon is -391.01. The daily returns are destributed with a variance of 0.04 and standard deviation of 0.19. The mean deviation of Hancock Horizon Diversified Income C is currently at 0.14. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.05
β
Beta against DOW=0.0145
σ
Overall volatility
=0.19
Ir
Information ratio =0.74

Hancock Horizon Return Volatility

Hancock 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.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hancock Horizon Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Hancock Horizon Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 2.05 times more volatile than Hancock Horizon Diversified Income C. 1% 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 C is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Hancock Horizon Diversified Income C to protect against small markets fluctuations. The fund experiences moderate downward daily trend and can be a good diversifier. Check odds of Hancock Horizon to be traded at $12.77 in 30 days. 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.

Hancock Horizon correlation with market

Significant 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 C Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try CEO Directory module to screen ceos from public companies around the world.
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