AFC Enterprises (AFCE)
AFC Enterprises Beta: 1.69
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AFCE Beta Range, Past 5 Years
| Minimum | 0.9567 | Aug 2007 |
| Maximum | 1.967 | Dec 2008 |
| Average | 1.693 |
About Beta 60 Month
YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.
Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.
In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.
When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.
For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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AFCE News
May 25, 12:32PM Fox Business
about 2 days ago by DigDugTrader
about 3 days ago by fallondpicks
about 3 days ago by Kenshreve
May 24, 2:14PM Street Insider
May 24, 1:03PM Street Insider
May 24, 10:27AM Street Insider
May 23, 5:16PM Street Insider
May 16, 12:35PM Fox Business
May 15, 5:00PM Business Wire
Apr 30, 9:00AM Business Wire
Mar 07, 5:18PM Street Insider
Mar 01, 5:00PM Business Wire
about 101 days ago by maddogm86
Jan 25, 5:19PM Street Insider
Jan 25, 5:14PM Business Wire
about 167 days ago by TradeIdeasQuant
about 286 days ago by howardlindzon
about 398 days ago by moorcash
about 411 days ago by moorcash
about 465 days ago by ChartSwingTrade
about 615 days ago by OptionRadar
about 635 days ago by Ro_Patel
about 876 days ago by skepticllc
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AGO | 12.23 | -0.11 | -0.89% | 2.233B |
| AGNC | 32.22 | +0.09 | +0.28% | 9.666B |
| AGN | 90.53 | +0.04 | +0.04% | 27.59B |
| AGMA | 18.51 | +0.00 | +0.00% | |
| AGM | 24.44 | +0.11 | +0.45% | 253.20M |
| AGII | 28.82 | +0.77 | +2.75% | 753.64M |
| AGG | 110.92 | +0.17 | +0.15% | |
| AGEND | 5.20 | +0.06 | +1.17% | |
| AGEN | 5.20 | +0.06 | +1.17% | 116.95M |
| AFCE | 21.69 | +0.84 | +4.03% | 528.80M |
