Consolidated Water (CWCO)
Consolidated Water Beta: 1.429
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CWCO Beta Range, Past 5 Years
| Minimum | 0.8609 | Oct 2007 |
| Maximum | 1.894 | Apr 2009 |
| Average | 1.529 |
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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CWCO News
May 10, 5:07PM Marketwire
May 04, 8:28AM Marketwire
Apr 20, 4:15PM Marketwire
Mar 22, 9:45AM Marketwire
Mar 16, 3:57PM Street Insider
Mar 09, 8:28AM Marketwire
Mar 05, 4:57AM Benzinga
about 90 days ago by cc78653
about 152 days ago by DynamicDividend
Dec 12, 8:29AM Street Insider
Nov 02, 7:28AM Marketwire
about 223 days ago by fallondpicks
Sep 12, 8:28AM Street Insider
about 483 days ago by chartly
about 483 days ago by fallondpicks
about 516 days ago by groditi
about 657 days ago by Detroitblues
about 712 days ago by stockerblog
about 724 days ago by groditi
about 1020 days ago by geckojb
about 1076 days ago by geckojb
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CWCO | 7.59 | -0.12 | -1.56% | 110.59M |
| CWBC | 2.52 | +0.00 | +0.00% | 15.09M |
| CW | 31.10 | -0.58 | -1.83% | 1.455B |
| CVY | 20.87 | -0.01 | -0.05% | |
| CVX | 98.86 | -1.20 | -1.20% | 195.44B |
| CVVT | 1.47 | +0.03 | +2.08% | 53.10M |
| CVU | 14.74 | -0.01 | -0.07% | 102.44M |
| CVTI | 3.67 | +0.29 | +8.58% | 54.02M |
| CVS | 44.98 | -0.19 | -0.42% | 58.77B |
| CPT | 65.29 | -0.36 | -0.55% | 5.145B |
