Holobeam OTC Stock Performance

HOOB -  USA Stock  

USD 32.70  0.00  0.00%

The company retains a Market Volatility (i.e., Beta) of -0.443, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Holobeam's beta means in this case. As returns on the market increase, returns on owning Holobeam are expected to decrease at a much lower rate. During the bear market, Holobeam is likely to outperform the market. Even though it is essential to pay attention to Holobeam current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Holobeam exposes twenty-one different technical indicators, which can help you to evaluate its performance. Holobeam has an expected return of -0.55%. Please be advised to check out Holobeam maximum drawdown, and the relationship between the information ratio and downside variance to decide if Holobeam performance from the past will be repeated at some point in the near future.

Holobeam O TC Stock Performance 

 
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Holobeam Performance
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Over the last 90 days Holobeam has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2021. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Holobeam Price Channel

Quick Ratio0.88
Fifty Two Week Low29.02
Fifty Two Week High48.50

Holobeam Relative Risk vs. Return Landscape

If you would invest  4,850  in Holobeam on September 1, 2021 and sell it today you would lose (1,580)  from holding Holobeam or give up 32.58% of portfolio value over 90 days. Holobeam is currently does not generate positive expected returns and assumes 3.7041% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of otc stocks are less volatile than Holobeam, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Holobeam is expected to under-perform the market. In addition to that, the company is 4.82 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of volatility.

Holobeam Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Holobeam's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Holobeam, and traders can use it to determine the average amount a Holobeam's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1485

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Estimated Market Risk
 3.7
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 31 %
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3131
Expected Return
 -0.55
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 0 %
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Based on monthly moving average Holobeam 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 Holobeam by adding it to a well-diversified portfolio.

About Holobeam Performance

To evaluate Holobeam OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Holobeam generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Holobeam OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Holobeam stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Holobeam's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Holobeam, Inc. engages in the rental and development of real estate properties in New Jersey. The company was founded in 1967 and is headquartered in Ho-Ho-Kus, New Jersey. Holobeam operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 2 people.

Things to note about Holobeam

Checking the ongoing alerts about Holobeam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Holobeam help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Holobeam Alerts

Equity Alerts and Improvement Suggestions

Holobeam generated a negative expected return over the last 90 days
Holobeam has high historical volatility and very poor performance
Holobeam has high likelihood to experience some financial distress in the next 2 years
Please check Risk vs Return Analysis. Note that the Holobeam information on this page should be used as a complementary analysis to other Holobeam's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Holobeam's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Holobeam. If investors know Holobeam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Holobeam listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Holobeam is measured differently than its book value, which is the value of Holobeam that is recorded on the company's balance sheet. Investors also form their own opinion of Holobeam's value that differs from its market value or its book value, called intrinsic value, which is Holobeam's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Holobeam's market value can be influenced by many factors that don't directly affect Holobeam's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Holobeam's value and its price as these two are different measures arrived at by different means. Investors typically determine Holobeam value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Holobeam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.