Amicus Therapeutics (FOLD)
Amicus Therapeutics Beta: 0.9296
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FOLD Beta Range, Past 5 Years
| Minimum | 0.392 | May 2010 |
| Maximum | 0.9874 | Feb 2012 |
| Average | 0.6545 |
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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FOLD News
May 11, 9:50AM Street Insider
about 19 days ago by earningscast
May 04, 10:00AM GlobeNewswire
about 44 days ago by VexTrades
about 81 days ago by MicroInsider
Mar 07, 10:16AM Street Insider
Mar 07, 10:15AM GlobeNewswire
about 83 days ago by RecogniaEvents
about 87 days ago by Stuckinstock
Mar 02, 8:30AM Benzinga
about 89 days ago by Benzinga
Mar 01, 4:01PM Benzinga
Feb 28, 11:08AM GlobeNewswire
Feb 23, 10:16AM Street Insider
Feb 14, 9:06AM Street Insider
about 106 days ago by earningscast
Feb 13, 4:01PM GlobeNewswire
about 106 days ago by TradeIdeas1
Feb 13, 8:47AM Street Insider
Feb 13, 7:36AM Street Insider
Feb 13, 7:31AM Benzinga
about 109 days ago by abubnic
about 216 days ago by MarketBrief
about 343 days ago by canarionyc
about 370 days ago by canarionyc
about 515 days ago by MDBpartners
about 516 days ago by Tieler
about 516 days ago by Tieler
about 890 days ago by TheNewHouse
about 893 days ago by TheNewHouse
about 966 days ago by datajunkies
about 966 days ago by datajunkies
about 967 days ago by datajunkies
about 967 days ago by datajunkies
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FOLD | 4.91 | -0.08 | -1.60% | 222.80M |
| FOH | 0.37 | +0.00 | +0.00% | 14.40M |
| FOF | 12.20 | +0.11 | +0.91% | |
| FOE | 4.62 | +0.04 | +0.87% | 396.49M |
| FNSR | 15.09 | +0.50 | +3.43% | 1.325B |
| FLY | 12.35 | +0.03 | +0.24% | 316.01M |
| FLXS | 20.04 | +0.05 | +0.25% | 135.13M |
| FLT | 38.37 | -0.09 | -0.23% | 3.181B |
| FLR | 50.44 | +0.73 | +1.48% | 8.422B |
| FLOW | 3.02 | -0.05 | -1.63% | 146.93M |