Relatively Low Beta Detected in Shares of Core Molding Technologies in the Commodity Chemicals Industry (CMT, HWKN, TG, CCC, KRO)
Below are the three companies in the Commodity Chemicals industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Core Molding Technologies ranks lowest with a a beta of 0.9. Hawkins is next with a a beta of 0.9. Tredegar ranks third lowest with a a beta of 1.1.
Calgon Carbon follows with a a beta of 1.1, and Kronos Worldwide rounds out the bottom five with a a beta of 1.2.
SmarTrend recommended that subscribers consider buying shares of Kronos Worldwide on August 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.21. Since that recommendation, shares of Kronos Worldwide have risen 33.6%. We continue to monitor Kronos Worldwide for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta amex:cmt core molding technologies hawkins tredegar calgon carbon kronos worldwide