Household Durables Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1LOVE The Lovesac
3.06
(0.17)
 2.85 
(0.49)
2HOV Hovnanian Enterprises
2.61
(0.10)
 3.43 
(0.33)
3MHO MI Homes
2.31
(0.11)
 1.95 
(0.22)
4BZH Beazer Homes USA
2.26
(0.11)
 3.52 
(0.38)
5LGIH LGI Homes
2.14
(0.16)
 2.35 
(0.37)
6CCS Century Communities
2.1
(0.05)
 2.18 
(0.12)
7TMHC Taylor Morn Home
2.06
(0.01)
 1.94 
(0.01)
8IBP Installed Building Products
2.05
 0.00 
 2.38 
(0.01)
9DFH Dream Finders Homes
2.0
 0.01 
 3.63 
 0.03 
10MTH Meritage
1.92
(0.06)
 2.02 
(0.12)
11GRBK Green Brick Partners
1.9
 0.01 
 2.14 
 0.02 
12BLD Topbuild Corp
1.89
(0.03)
 1.98 
(0.05)
13KBH KB Home
1.89
(0.07)
 1.91 
(0.14)
14DHI DR Horton
1.81
(0.06)
 1.91 
(0.11)
15TOL Toll Brothers
1.76
(0.13)
 2.09 
(0.27)
16PHM PulteGroup
1.73
(0.05)
 1.90 
(0.09)
17TPH TRI Pointe Homes
1.71
(0.11)
 2.27 
(0.24)
18LEN Lennar
1.71
(0.11)
 1.95 
(0.22)
19LEN-B Lennar
1.71
(0.12)
 1.83 
(0.23)
20SKY Skyline
1.61
 0.03 
 2.61 
 0.08 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.