We consider Home BancShares somewhat reliable. Home BancShares holds Efficiency (Sharpe) Ratio of 0.0287 which attests that the entity had 0.0287% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Home BancShares which you can use to evaluate future volatility of the corporation. Please check out Home BancShares Downside Deviation of 1.94, Risk Adjusted Performance of 0.0276 and Market Risk Adjusted Performance of 0.0345 to validate if risk estimate we provide are consistent with the epected return of 0.0519%.
90 Days Market Risk
Chance of Distress in 24 months
90 Days Economic Sensitivity
Responds to market
|Horizon||30 Days Login to change|
Home BancShares Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Home BancShares will likely underperform. 3 Months Beta |Analyze Home BancShares Demand TrendCheck current 30 days Home BancShares correlation with market (DOW)|
β = 1.4233
Home BancShares Central Daily Price Deviation
Home BancShares Technical Analysis
Home BancShares Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.4233 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Home BancShares will likely underperform. Moreover, The company has an alpha of 0.0086 implying that it can potentially generate 0.0086% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Given the investment horizon of 30 days, the coefficient of variation of Home BancShares is 3479.06. The daily returns are destributed with a variance of 3.26 and standard deviation of 1.81. The mean deviation of Home BancShares is currently at 1.44. For similar time horizon, the selected benchmark (DOW) has volatility of 0.9
|Alpha over DOW||=||0.0086|
|Beta against DOW||=||1.42|
Home BancShares Return Volatilitythe company inherits 1.8064% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.9048% risk (volatility on return distribution) over the 30 days horizon.
Home BancShares Investment Opportunity
Home BancShares has a volatility of 1.81 and is 2.01 times more volatile than DOW. 16% of all equities and portfolios are less risky than Home BancShares. Compared to the overall equity markets, volatility of historical daily returns of Home BancShares is lower than 16 (%) of all global equities and portfolios over the last 30 days. Use Home BancShares to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Home BancShares to be traded at $18.8 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Home BancShares will likely underperform.
Home BancShares correlation with market
Home BancShares Current Risk Indicators
|Risk Adjusted Performance||0.0276|
|Market Risk Adjusted Performance||0.0345|
|Coefficient Of Variation||3964.27|
Home BancShares Suggested Diversification Pairs