Aberdeen Chile Fund (CH)
Aberdeen Chile Fund Beta: 1.029
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CH Beta Range, Past 5 Years
| Minimum | 0.9179 | Aug 2011 |
| Maximum | 2.098 | Feb 2008 |
| Average | 1.279 |
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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CH News
about 19 days ago by RecogniaEvents
about 19 days ago by RecogniaEvents
May 03, 11:42AM PR Newswire
Apr 04, 1:44PM PR Newswire
Mar 08, 4:17PM PR Newswire
Mar 06, 4:02PM PR Newswire
about 105 days ago by Global_Trader
about 105 days ago by StockTwits
about 105 days ago by billgunderson
Feb 06, 2:11PM PR Newswire
Jan 09, 4:46PM PR Newswire
Dec 08, 4:25PM PR Newswire
Dec 07, 1:05PM PR Newswire
Nov 04, 3:47PM PR Newswire
Oct 06, 3:37PM PR Newswire
about 260 days ago by Global_Trader
Sep 07, 1:09PM Business Wire
Sep 07, 1:08PM Business Wire
Sep 06, 12:51PM Business Wire
Aug 02, 11:00AM Business Wire
Jun 29, 12:40PM Business Wire
about 342 days ago by lovebob
about 342 days ago by lovebob
Jun 09, 11:00AM Business Wire
Jun 02, 12:42PM Business Wire
May 04, 11:32AM Business Wire
about 432 days ago by lovebob
about 432 days ago by lovebob
about 593 days ago by lamonicabuzz
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CH | 14.12 | +0.13 | +0.93% | |
| CGX | 28.56 | -0.20 | -0.70% | 292.45M |
| CELL | 4.93 | -0.07 | -1.40% | 340.52M |
| CELG | 68.90 | -1.01 | -1.44% | 30.23B |
| CEL | 7.55 | -0.07 | -0.92% | 751.07M |
| COP | 52.11 | -0.03 | -0.06% | 66.68B |
| COOL | 2.08 | +0.02 | +0.97% | 85.97M |
| COO | 85.53 | -0.21 | -0.24% | 4.093B |
| CONN | 17.71 | -0.04 | -0.23% | 566.19M |
| CONG | 50.80 | +0.04 | +0.08% |
