Aberdeen Global Income Fund (FCO)
Aberdeen Global Income Fund Beta: 0.6632
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FCO Beta Range, Past 5 Years
| Minimum | 0.0558 | Aug 2007 |
| Maximum | 0.8188 | May 2010 |
| Average | 0.6210 |
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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FCO News
May 14, 10:03AM PR Newswire
May 11, 10:50AM PR Newswire
May 03, 11:46AM PR Newswire
Apr 16, 11:06AM PR Newswire
Apr 13, 12:11PM PR Newswire
Apr 04, 1:29PM PR Newswire
Mar 16, 1:01PM PR Newswire
Mar 08, 4:13PM PR Newswire
Mar 06, 3:56PM PR Newswire
Feb 17, 10:11AM PR Newswire
Feb 13, 1:36PM PR Newswire
about 108 days ago by MarketBrief
Feb 06, 1:56PM PR Newswire
Jan 18, 3:36PM PR Newswire
Jan 13, 2:17PM PR Newswire
Jan 09, 4:47PM PR Newswire
Dec 16, 11:27AM PR Newswire
Dec 08, 4:31PM PR Newswire
Dec 05, 12:15PM PR Newswire
Nov 14, 10:47AM PR Newswire
Nov 14, 10:37AM PR Newswire
Nov 04, 3:38PM PR Newswire
Oct 17, 12:38PM PR Newswire
Oct 14, 12:30PM PR Newswire
Oct 06, 3:40PM PR Newswire
Sep 16, 11:48AM Business Wire
Sep 09, 10:37AM Business Wire
Sep 06, 1:14PM Business Wire
Aug 15, 10:31AM Street Insider
Aug 15, 10:21AM Business Wire
Aug 12, 10:40AM Business Wire
Aug 02, 11:09AM Business Wire
Jul 18, 10:04AM Business Wire
Jul 15, 10:56AM Business Wire
Jun 29, 12:49PM Business Wire
Jun 17, 10:06AM Business Wire
Jun 09, 11:00AM Business Wire
Jun 02, 12:20PM Business Wire
May 16, 10:56AM Business Wire
May 13, 10:46AM Business Wire
about 680 days ago by covestor
about 680 days ago by covestor
about 1139 days ago by rcline_jr
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FCO | 13.49 | -0.06 | -0.44% | |
| FCNCA | 166.83 | +1.83 | +1.11% | 1.715B |
| FCLF | 6.00 | +0.23 | +3.99% | 46.32M |
| FCL | 27.88 | +0.13 | +0.47% | |
| GFIG | 2.79 | +0.01 | +0.36% | 329.72M |
| GFI | 13.29 | +0.14 | +1.06% | 9.629B |
| GFF | 7.82 | -0.08 | -1.01% | 482.65M |
| GFED | 7.46 | +0.00 | +0.00% | 19.99M |
| GFA | 2.74 | +0.07 | +2.62% | 592.80M |
| GF | 13.46 | -0.03 | -0.22% |
