BlackRock Global Opportunities Equity Trust (BOE)
BlackRock Global Opportunities Equity Trust Beta: 1.039
View BOE Beta with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
BOE Beta Range, Past 5 Years
| Minimum | 0.9311 | Jul 2008 |
| Maximum | 1.390 | Sep 2008 |
| Average | 1.053 |
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.
Learn More
You may also be interested in these BOE related companies
BOE News
May 09, 1:41PM Seeking Alpha
May 09, 11:30AM Seeking Alpha
about 56 days ago by StockTiger
about 56 days ago by StockTiger
Feb 29, 5:40PM Business Wire
Feb 01, 5:00PM Business Wire
Jan 11, 4:47PM Business Wire
Jan 03, 10:35AM Seeking Alpha
Nov 30, 6:11PM Business Wire
Nov 09, 7:17PM Business Wire
Aug 31, 5:17PM Business Wire
about 341 days ago by buffalod
May 31, 7:27PM Business Wire
May 03, 5:35PM Business Wire
Feb 28, 5:17PM Business Wire
about 565 days ago by tracked
about 565 days ago by BlitzFX
about 570 days ago by tracked
about 579 days ago by tracked
about 580 days ago by tracked
about 586 days ago by CMEGroup
about 586 days ago by tracked
about 621 days ago by tracked
about 690 days ago by theBack9
about 1088 days ago by topstocksmsn
about 1133 days ago by JackRyanBauer
about 1299 days ago by Blackhorse
about 1299 days ago by Cyclops
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BOE | 12.73 | +0.01 | +0.08% | |
| BODY | 15.20 | +0.28 | +1.88% | 245.02M |
| BIDZ | 0.76 | +0.01 | +0.66% | 13.97M |
| BIDU | 117.59 | -0.67 | -0.57% | 31.88B |
| BID | 30.94 | -0.22 | -0.71% | 2.088B |
| BHY | 7.176 | -0.01 | -0.19% | |
| BHP | 61.81 | -0.99 | -1.58% | 99.26B |
| BHLB | 22.36 | +0.00 | +0.00% | 473.81M |
| BHL | 13.19 | -0.12 | -0.90% | |
| BHK | 13.94 | +0.00 | +0.00% |
