General Moly (GMO)

2.61 +0.10  +3.98%  May 29, 8:00PM Go Pro
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General Moly Beta: 2.674

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GMO Beta Range, Past 5 Years

Minimum 2.674 Apr 2012
Maximum 3.443 Oct 2009
Average 3.049

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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GMO News

Three more for watchlist: $LPX north of 959 $pcx 526 $gmo 3.05 higher beta plays here... damn the grind.
about 18 days ago by Ranger94
@bradloncar $GMO is frustrating right now but long term it will not disappoint
about 22 days ago by JD_Cewe
Not particularly enjoying the downdraft in $GMO. Always tough to read the tea leaves on stuff like that when the whole market is weak too.
about 22 days ago by bradloncar
$GMO cheap
about 22 days ago by JD_Cewe
$GMO filed latest Quarterly Report http://stks.co/3czw
about 28 days ago by MarketBrief
Good summary of the latest on the $GMO water rights. http://stks.co/324E
about 68 days ago by bradloncar
$GMO forms bullish "Bottom Triangle" chart pattern. http://stks.co/2x5b
about 71 days ago by RecogniaEvents
@bradloncar Sorry, frustrated with the bash and short crowd. Not if, just how soon. $GMO
about 75 days ago by sangfarmer
@sangfarmer I think you have misunderstood my tweets. My point is that it should/will be approved. $GMO
about 75 days ago by bradloncar
bradloncar, don't know what BS you are reading/circulating. BLM supports the project and is working toward a fully defensible approval. $GMO
about 76 days ago by sangfarmer
Seriously, how can the U.S. lodge that complaint with a straight face if they turn down a big new rare earth application here at home. $GMO
about 78 days ago by bradloncar
I don't see how the U.S. Gov't can seriously turn down $GMO's application in a year that they are now openly pressing the WTO on China.
about 78 days ago by bradloncar
Good to see $GMO getting a little pop on the $MCP strength. If they get approved, a lot of people will be surprised by this stock.
about 81 days ago by bradloncar
@markw Sure would be nice if they surprised and accepted the settlement right. That would provide a nice little near-term pop. $GMO
about 82 days ago by bradloncar
@bradloncar $GMO...I suspect your correct.
about 84 days ago by markw
I'm guessing if $GMO had to put out a press release about it's settlement offer, the offer probably was not accepted.
about 84 days ago by bradloncar
$GMO forms bearish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/2epA
about 88 days ago by RecogniaEvents
One way to try to urge regulators to approve your new moly mine: place a $75M forward order for machinery from your local $CAT dealer. $GMO
about 88 days ago by bradloncar
On the same day durable goods orders dropped, $GMO doing its part by placing a $75M order from $CAT. Nice one, hope they get the permits.
about 91 days ago by bradloncar
Probably not the best sign for $GMO that $TC was reduced to sell today by DB on moly weakness.
about 92 days ago by bradloncar
I wonder if we'll hear any update from $GMO's progres with the permitting process during the BMO Metals and Mining Conference this week.
about 94 days ago by bradloncar
Let's see if $GMO can hold its 200dma. Looking for a spot to add.
about 97 days ago by Rico__gomez
$GMO 200 Day SMA Cross - Price crossed below 200 day SMA (3.7209). Confirmed by volume.
about 97 days ago by TradeIdeasQuant
Good to see the $GMO term loan progressing nicely. This company has had to jump through more hoops than just about any I know.
about 103 days ago by bradloncar
$GMO Nice and orderly reversal. Nice setup for a swing, TL support, CCI, RSI, and STO turned, ADX / ADXR cross on daily
about 103 days ago by Mindanao7
Credit Suisse to host a conference
Nov 14, 7:36AM FlyOnTheWall

Recent Quotes

Symbol Price Chg Chg % Market Cap
GMO 2.61 +0.10 +3.98% 228.86M
GMMB 54.48 +0.00 +0.00%
GMM 58.36 +1.09 +1.90%
GMK 9.13 +0.33 +3.75% 1.240B
GLRE 24.71 +0.13 +0.53% 744.28M
GLQ 11.98 +0.19 +1.61%
GLPW 17.99 +0.86 +5.02% 281.45M
GLP 22.12 -0.05 -0.23% 608.12M
GLNG 35.20 +0.77 +2.24% 2.748B
GLL 18.98 +0.38 +2.07%
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