Capella Education Company (CPLA)
Capella Education Company Beta: 0.7509
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CPLA Beta Range, Past 5 Years
| Minimum | 0.2064 | Nov 2009 |
| Maximum | 0.7937 | Feb 2012 |
| Average | 0.5032 |
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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CPLA News
about 32 days ago by MercenaryMike
about 34 days ago by MercenaryMike
about 34 days ago by TradeBot
about 34 days ago by earningscast
Apr 16, 3:37PM Business Wire
about 55 days ago by MarketBrief
about 56 days ago by MarketBrief
Apr 02, 4:43PM Street Insider
about 57 days ago by MarketBrief
about 60 days ago by MarketBrief
about 61 days ago by MarketBrief
about 62 days ago by MarketBrief
about 63 days ago by MarketBrief
about 64 days ago by MarketBrief
about 66 days ago by MarketBrief
Mar 21, 10:03AM Business Wire
about 70 days ago by RecogniaEvents
about 88 days ago by MagicDiligence
about 98 days ago by abubnic
Feb 15, 10:13AM Benzinga
about 104 days ago by ActAccordingly
about 104 days ago by earningscast
about 111 days ago by Capaldi
about 122 days ago by ldrogen
about 139 days ago by howardlindzon
about 139 days ago by ivanhoff
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CPLA | 31.27 | +0.64 | +2.09% | 425.58M |
| CPL | 23.94 | +0.17 | +0.72% | 11.52B |
| CPK | 42.22 | +0.05 | +0.12% | 404.47M |
| CPHI | 0.3499 | -0.00 | -0.03% | 15.23M |
| CPHD | 38.47 | +0.38 | +1.00% | 2.519B |
| DLB | 43.96 | -0.04 | -0.09% | 4.777B |
| DLA | 14.17 | -0.03 | -0.21% | 119.74M |
| DL | 3.40 | -0.07 | -2.02% | 120.60M |
| DKA | 21.58 | -0.07 | -0.32% | |
| DK | 16.91 | +0.47 | +2.86% | 983.49M |
