salesforce.com (CRM)
salesforce.com Beta: 1.474
View CRM 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
CRM Beta Range, Past 5 Years
| Minimum | 1.365 | Aug 2011 |
| Maximum | 3.906 | Jun 2007 |
| Average | 2.124 |
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 CRM related companies
CRM News
about 12 hours ago by StockTwits
about 3 days ago by ronin245
about 3 days ago by ronin245
about 3 days ago by ronin245
about 3 days ago by TechStockRadar
about 3 days ago by Kenshreve
about 3 days ago by TraderRadar
about 3 days ago by z8angela
May 25, 10:43AM Street Insider
about 3 days ago by gdtrader
about 4 days ago by ronin245
about 4 days ago by wolverine27
about 4 days ago by ronin245
about 4 days ago by ronin245
May 22, 6:53AM Benzinga
May 20, 1:34AM Seeking Alpha
May 18, 1:52PM Street Insider
May 18, 1:44PM Street Insider
May 18, 12:32PM Fox Business
May 18, 11:56AM Street Insider
May 18, 9:29AM Street Insider
May 18, 9:28AM Street Insider
May 18, 9:25AM Street Insider
May 18, 9:09AM Street Insider
May 18, 9:05AM Street Insider
May 18, 8:59AM Street Insider
May 17, 10:30PM Seeking Alpha
May 17, 5:40PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CRM | 147.00 | +0.79 | +0.54% | 20.14B |
| CRL | 33.56 | +0.21 | +0.63% | 1.641B |
| CPA | 83.85 | +0.62 | +0.74% | 3.713B |
| CP | 74.95 | -0.57 | -0.75% | 12.81B |
| COY | 7.40 | -0.04 | -0.54% | |
| COWN | 2.39 | +0.00 | +0.00% | |
| COVR | 1.54 | +0.00 | +0.00% | 39.42M |
| COV | 53.32 | -0.14 | -0.26% | 25.77B |
| COT | 7.55 | +0.11 | +1.48% | 718.00M |
| COST | 84.48 | +0.00 | +0.00% | 36.74B |
