Relatively Low Volatility Detected in Shares of Huntsman in the Diversified Chemicals Industry (HUN, PPG, DD, DOW, SDTH)
Below are the top five companies in the Diversified Chemicals industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Huntsman (NYSE:HUN) ranks first with a beta of 0.9; PPG Industries (NYSE:PPG) ranks second with a beta of 1.1; and EI Du Pont de Nemours (NYSE:DD) ranks third with a beta of 1.1.
Dow Chemical (NYSE:DOW) follows with a beta of 1.2 and ShengdaTech (NASDAQ:SDTH) rounds out the top five with a beta of 1.2.
SmarTrend is bearish on shares of SDTH and our subscribers were alerted to Sell on May 04, 2010 at $6.63. The stock has fallen 33.6% since the alert was issued.