Average Performance/Volatility

Components Performance/Risk
Period Return
11.6%
Return Rank
Below Average
Risk Exposure
Below Average

Beta accounts for the differences in volatility (standard deviation) between the return series of each asset and the Total Market

Assets are moving in sync with the market if their beta is close to 1

 The midcap ($2bn - $10bn) and largecap ($10 bn) equities of the selection- in a range of 0.7< asset betas < 1.0 - are expected to be less volatile than the overall market

 

Screened for below average volatility, exposing the portfolio holder to moderate risk, the selection will, on average, be linked to moderate performance

 

Assets in the selection might enter consideration as potential investment if such assets are less volatile than current portfolio volatility

  • to fit the bill, an asset's expected return must be higher than the existing portfolio's expected return and feature a low beta to this portfolio
  • in simple terms, "new asset return (expected) > portfolio return (expected) * beta of new asset to existing porfolio
Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
Exponent EXPO Industrial GoodsConsulting & Engineering70.673.5 B10.1% Neutral Below Average
Franklin Electric FELE Industrial GoodsEnergy & Fluid Control Systems/Pumps & Filters98.394.3 B8.1% Neutral Below Average
ESCO Technologies ESE Industrial GoodsEnergy & Fluid Control Systems/Pumps & Filters261.546.8 B23.2% Neutral Below Average
Cabot Corp. CBT Industrial GoodsChemicals - Engineered Basic Materials74.263.9 B11.4% Sharp Down Below Average
Halliburton HAL Industrial GoodsOil&Gas Services/Equipment/Pipelines32.6027 B50.2% Weak Down Below Average
HEICO HEI Industrial GoodsAerospace/Defense - Engineered Systems297.0941 B-4.5% Sharp Down Below Average
Lear Corp. LEA Industrial GoodsAutomobile Subcontractors - Car Parts117.255.9 B25.3% Weak Down Below Average
Masco Corp. MAS Industrial GoodsPlumbing, Heating & AirCo68.9814 B8.0% Weak Down Below Average
M/I Homes MHO Industrial GoodsGeneral Contractors - Home&Office126.323.3 B-2.6% Weak Down Below Average
Fortive FTV Industrial GoodsPrecision, Measurement & Processing57.3718 B18.7% Neutral Low Risk
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