Carlisle Companies (CSL)
Carlisle Companies Beta: 1.126
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CSL Beta Range, Past 5 Years
| Minimum | 0.6547 | Mar 2009 |
| Maximum | 1.178 | Jan 2008 |
| Average | 0.9291 |
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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CSL News
May 22, 3:43PM Street Insider
May 15, 9:00AM Business Wire
about 14 days ago by DynamicDividend
about 18 days ago by IncrementalWealth
May 09, 9:30AM Business Wire
about 31 days ago by MarketBrief
about 34 days ago by STNet
about 34 days ago by TradeBot
Apr 24, 2:17PM Seeking Alpha
Apr 24, 12:32PM Fox Business
about 34 days ago by TradeIdeasQuant
about 34 days ago by earningscast
about 42 days ago by bradloncar
about 51 days ago by trending123
about 70 days ago by MarketBrief
Mar 19, 9:00AM Business Wire
Feb 21, 9:00AM Business Wire
about 116 days ago by earningscast
about 127 days ago by tradewithpete
about 140 days ago by ivanhoff
about 140 days ago by tradewithpete
about 143 days ago by StockTwits
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CSL | 54.23 | -0.65 | -1.18% | 3.384B |
| CSKI | 1.10 | +0.00 | +0.00% | 18.63M |
| CSJ | 104.45 | -0.07 | -0.07% | |
| CSIQ | 3.14 | +0.41 | +15.02% | 135.62M |
| CSH | 43.31 | -0.38 | -0.87% | 1.272B |
| CSGS | 16.38 | +0.09 | +0.55% | 565.27M |
| CS | 19.77 | -0.36 | -1.79% | 24.21B |
| CRZO | 24.23 | -0.45 | -1.82% | 959.02M |
| CRYP | 2.52 | -0.02 | -0.79% | 32.71M |
| CRY | 4.61 | -0.02 | -0.43% | 127.74M |
