Highest Beta in the Air Freight & Logistics Industry Detected in Shares of Park-Ohio Holdings (PKOH, AAWW, PACR, UTIW, HUBG)
Below are the top five companies in the Air Freight & Logistics industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Park-Ohio Holdings (NASDAQ:PKOH) ranks first with a beta of 1.9; Atlas Air Worldwide Holdings (NASDAQ:AAWW) ranks second with a beta of 1.9; and Pacer International (NASDAQ:PACR) ranks third with a beta of 1.6.
UTi Worldwide (NASDAQ:UTIW) follows with a beta of 1.3 and HUB Group (NASDAQ:HUBG) rounds out the top five with a beta of 1.2.
SmarTrend is bearish on shares of PKOH and our subscribers were alerted to Sell on July 06, 2010 at $13.52. The stock has fallen 16.2% since the alert was issued.