Asure Software (ASUR)
Asure Software Beta: -0.6799
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ASUR Beta Range, Past 5 Years
| Minimum | -0.8912 | Apr 2011 |
| Maximum | -0.6799 | Apr 2012 |
| Average | -0.7812 |
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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ASUR News
about 4 days ago by MarketBrief
May 15, 4:55PM Seeking Alpha
May 15, 9:33AM Street Insider
May 07, 8:30AM GlobeNewswire
Mar 29, 2:12PM Seeking Alpha
Mar 29, 8:06AM Benzinga
Mar 28, 10:42AM GlobeNewswire
Mar 12, 9:45AM GlobeNewswire
about 79 days ago by RecogniaEvents
Feb 14, 9:00AM GlobeNewswire
Feb 07, 8:45AM Business Wire
Jan 25, 2:00PM Business Wire
about 137 days ago by david_putnam
Jan 11, 3:05PM Business Wire
Jan 04, 9:30AM Business Wire
Dec 14, 1:13PM Street Insider
Nov 29, 12:25PM GlobeNewswire
Nov 22, 11:40AM GlobeNewswire
about 629 days ago by luisbs
about 629 days ago by Palmieri010
about 989 days ago by cpruette
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASUR | 4.98 | +0.02 | +0.40% | 23.06M |
| BFR | 3.97 | -0.03 | -0.75% | 709.80M |
| BFLY | 1.48 | -0.02 | -1.33% | 41.85M |
| BFK | 15.08 | +0.01 | +0.07% | |
| BFIN | 6.94 | -0.13 | -1.84% | 146.23M |
| BF.B | 87.71 | +0.34 | +0.39% | 12.82B |
| BF.A | 85.30 | +0.15 | +0.18% | 12.11B |
| BEST | 0.2665 | +0.01 | +2.62% | 7.339M |
| BCH | 84.05 | +0.83 | +1.00% | 12.18B |
| BCE | 39.33 | -0.03 | -0.08% | 30.50B |
