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Shares of Audiovox Rank the Highest in Terms of Beta in the Distributors Industry (VOXX, GPC, CORE, POOL, WEYS)

By Nick Russo

Below are the three companies in the Distributors industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Audiovox ranks highest with a a beta of 1.4. Genuine Parts is next with a a beta of 1.0. Core-Mark ranks third highest with a a beta of 1.0.

Pool follows with a a beta of 0.9, and Weyco Group rounds out the top five with a a beta of 0.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Audiovox on April 6th, 2016 by issuing a Downtrend alert when the shares were trading at $4.06. Since that call, shares of Audiovox have fallen 36.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta audiovox Genuine Parts core-mark weyco group