Apartment Investment & Management Company (AIV)
Apartment Investment & Management Company Beta: 2.089
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AIV Beta Range, Past 5 Years
| Minimum | 0.5651 | Sep 2007 |
| Maximum | 2.513 | Dec 2009 |
| Average | 1.909 |
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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AIV News
about 3 days ago by elliottwave
May 16, 12:44PM Business Wire
May 14, 2:16PM PR Newswire
about 16 days ago by DynamicDividend
May 11, 9:51AM Street Insider
May 11, 9:29AM Benzinga
May 11, 9:28AM Business Wire
May 10, 8:28PM Business Wire
May 10, 4:01PM Business Wire
May 04, 5:50PM Seeking Alpha
May 03, 3:46PM Street Insider
May 03, 3:15PM Business Wire
about 32 days ago by StockTiger
about 33 days ago by StockTiger
Apr 24, 12:53PM Street Insider
Apr 13, 8:30AM GlobeNewswire
about 91 days ago by SteelerTrader
about 109 days ago by DynamicDividend
about 138 days ago by jackdamn
about 233 days ago by ZacksResearch
about 264 days ago by markddeals
about 297 days ago by StockTwits
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AIV | 26.71 | -0.04 | -0.15% | 3.237B |
| AMD | 6.22 | +0.20 | +3.32% | 4.350B |
| AMCN | 2.35 | +0.14 | +6.33% | 152.07M |
| AMCF | 2.640 | +0.00 | +0.00% | 25.13M |
| AMCC | 5.26 | +0.09 | +1.74% | 321.75M |
| AMBO | 4.58 | +0.06 | +1.33% | 326.46M |
| AMAT | 10.54 | +0.16 | +1.54% | 13.61B |
| AMAP | 11.34 | -0.16 | -1.39% | 555.09M |
| AMAG | 13.90 | +0.35 | +2.58% | 294.68M |
| AM | 14.27 | -0.10 | -0.70% | 546.83M |
