Fresenius Medical Care AG & Co. KGAA (FMS)
Fresenius Medical Care AG & Co. KGAA Beta: 0.5512
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FMS Beta Range, Past 5 Years
| Minimum | 0.145 | Dec 2007 |
| Maximum | 1.607 | May 2007 |
| Average | 0.5902 |
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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FMS News
May 08, 10:42AM Street Insider
Mar 15, 12:58PM Business Wire
about 76 days ago by britepathos
about 77 days ago by kel4003
Feb 29, 10:30AM Business Wire
about 105 days ago by ycharts
Feb 10, 11:03AM Business Wire
Jan 19, 9:00AM Business Wire
Jan 09, 3:00PM PR Newswire
Dec 23, 2:45PM Business Wire
Dec 06, 9:00AM Business Wire
Nov 30, 9:33AM Business Wire
Nov 16, 11:32AM FlyOnTheWall
about 421 days ago by ToddinFL
about 642 days ago by OptionRadar
about 691 days ago by OptionRadar
about 776 days ago by djacome
about 873 days ago by HEALTH_NOTES
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FMS | 68.11 | +1.24 | +1.85% | 20.07B |
| EXLP | 20.60 | -0.03 | -0.15% | 861.92M |
| EXL | 11.54 | -0.04 | -0.35% | 388.16M |
| EXK | 9.01 | +0.06 | +0.67% | 785.00M |
| EXH | 12.17 | +0.55 | +4.73% | 746.82M |
| EXFO | 6.18 | +0.09 | +1.48% | 175.70M |
| EXEL | 4.51 | -0.10 | -2.17% | 684.22M |
| EXE | 3.58 | +0.04 | +1.27% | 37.70M |
| EXC | 36.76 | -0.14 | -0.38% | 31.42B |
| EXBD | 38.13 | +0.24 | +0.63% | 1.262B |
