Rocky Brands is Among the Companies in the Footwear Industry With the Lowest Beta (RCKY, SHOO, CROX, NKE, DECK)
Below are the three companies in the Footwear 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.
Rocky Brands ranks lowest with a a beta of 0.6. Steven Madden is next with a a beta of 0.8. CROCS ranks third lowest with a a beta of 0.9.
NIKE follows with a a beta of 0.9, and Deckers Outdoor rounds out the bottom five with a a beta of 1.1.
SmarTrend recommended that subscribers consider buying shares of Deckers Outdoor on June 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $53.76. Since that recommendation, shares of Deckers Outdoor have risen 7.7%. We continue to monitor Deckers Outdoor for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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