Einstein Noah Restaurant Group (BAGL)
Einstein Noah Restaurant Group Beta: 1.833
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BAGL Beta Range, Past 5 Years
| Minimum | 1.833 | Apr 2012 |
| Maximum | 2.108 | Jun 2010 |
| Average | 1.946 |
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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BAGL News
about 4 days ago by Tarek307
about 12 days ago by frotuss
about 22 days ago by abubnic
about 23 days ago by DynamicDividend
May 04, 11:31AM Street Insider
about 23 days ago by abubnic
about 23 days ago by Street_Insider
May 04, 8:27AM Street Insider
May 03, 5:26PM Street Insider
May 03, 4:54PM Street Insider
about 24 days ago by earningscast
about 24 days ago by Street_Insider
May 03, 4:04PM Business Wire
May 03, 4:03PM Street Insider
May 03, 4:02PM Business Wire
Apr 30, 9:00AM Business Wire
Apr 19, 4:08PM Business Wire
about 65 days ago by MarketBrief
about 66 days ago by MarketBrief
about 69 days ago by RecogniaEvents
Mar 12, 9:00AM Business Wire
about 87 days ago by earningscast
about 87 days ago by Benzinga
about 102 days ago by Brianmsc
about 133 days ago by chessNwine
about 149 days ago by DynamicDividend
about 215 days ago by ycharts
about 297 days ago by Benzinga
about 297 days ago by Benzinga
about 300 days ago by hybrididentity
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BAGL | 16.63 | -0.10 | -0.60% | 280.71M |
| BAF | 15.63 | -0.01 | -0.06% | |
| BAC | 7.15 | +0.01 | +0.14% | 77.02B |
| BABY | 11.22 | +0.02 | +0.18% | 330.32M |
| AXP | 55.81 | -0.53 | -0.94% | 65.20B |
| AXN | 0.32 | -0.02 | -7.11% | 15.81M |
| AXL | 9.32 | -0.09 | -0.96% | 698.81M |
| AXK | 2.73 | -0.03 | -1.09% | 30.30M |
| AXJL | 57.50 | -0.53 | -0.91% | |
| AXFN | 20.75 | +0.00 | +0.00% |
