Pool Corp Story

The entity has a beta of -0.2153. Let's try to break down what Pool's beta means in this case. As returns on the market increase, Pool returns are expected to increase less than the market. However, during the bear market, the loss on holding Pool will be expected to be smaller as well. The beta indicator helps investors understand whether Pool moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Pool deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the previous year's revenue of 3.68 B. Net Income was 325.59 M with profit before overhead, payroll, taxes, and interest of 924.92 M.

Will Pool pull down impact its fundamentals?

New kurtosis is at 14.38. Pool Corporation exhibits very low volatility with skewness of -2.59 and kurtosis of 14.38. However, we advise investors to further study Pool Corporation technical indicators to make sure all market info is available and is reliable.

Our Bottom Line On Pool

While some companies in the leisure industry are either recovering or due for a correction, Pool may not be as strong as the others in terms of longer-term growth potentials. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither buy new shares of Pool nor exit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Pool.