Camden Property Trust (CPT)
Camden Property Trust Beta: 1.555
View CPT 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
CPT Beta Range, Past 5 Years
| Minimum | 0.569 | May 2007 |
| Maximum | 1.846 | Oct 2009 |
| Average | 1.527 |
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 CPT related companies
CPT News
about 17 days ago by MarketBrief
about 17 days ago by MarketBrief
about 17 days ago by MarketBrief
about 17 days ago by MarketBrief
about 17 days ago by MarketBrief
about 21 days ago by ETFInvestmentReport
Apr 27, 5:40PM Seeking Alpha
Apr 26, 4:15PM Business Wire
Apr 05, 4:10PM Business Wire
about 54 days ago by MarketBrief
about 55 days ago by MarketBrief
about 56 days ago by MarketBrief
about 59 days ago by sssc
about 59 days ago by ivanhoff
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 61 days ago by MarketBrief
about 62 days ago by MarketBrief
about 66 days ago by MarketBrief
Mar 09, 4:10PM Business Wire
Mar 08, 5:23PM Street Insider
Mar 08, 5:13PM Business Wire
Feb 28, 2:20PM Street Insider
Feb 06, 9:33AM Benzinga
Feb 03, 3:37PM Seeking Alpha
Feb 02, 5:10PM Street Insider
Jan 19, 3:34PM Business Wire
Jan 17, 4:36PM Business Wire
Jan 12, 4:15PM Business Wire
about 137 days ago by JFinDallas
about 137 days ago by JFinDallas
Jan 12, 7:51AM Street Insider
about 158 days ago by TheEquitiesRoom
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CPT | 65.29 | -0.36 | -0.55% | 5.145B |
| CPHD | 38.47 | +0.38 | +1.00% | 2.519B |
| CPHC | 12.98 | -0.01 | -0.08% | 53.21M |
| CPGI | 0.6344 | -0.08 | -11.79% | 24.61M |
| CPF | 12.92 | +0.04 | +0.31% | 539.41M |
| CPE | 4.54 | -0.08 | -1.73% | 178.92M |
| CPB | 32.58 | +0.02 | +0.06% | 10.31B |
| CPA | 83.85 | +0.62 | +0.74% | 3.713B |
| CLI | 27.14 | -0.22 | -0.80% | 2.383B |
| CLGX | 17.50 | +0.26 | +1.51% | 1.869B |
