Gladstone Commercial Corporation (GOOD)
Gladstone Commercial Corporation Beta: 0.8751
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GOOD Beta Range, Past 5 Years
| Minimum | 0.5325 | May 2007 |
| Maximum | 1.168 | Apr 2009 |
| Average | 0.8842 |
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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GOOD News
about 3 days ago by peterumble
about 3 days ago by ScottAdams_Edit
about 5 days ago by moneytalks
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about 18 days ago by TradeWithMojo
Apr 30, 4:10PM PR Newswire
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about 88 days ago by DJKTrade
Feb 28, 4:15PM PR Newswire
Feb 13, 8:35AM Benzinga
about 111 days ago by TradeWithMojo
about 117 days ago by ChasinCheddar
Jan 31, 4:05PM Benzinga
Jan 27, 8:35AM Benzinga
Jan 27, 8:35AM PR Newswire
about 124 days ago by SteviniP
Jan 23, 8:40AM Street Insider
about 139 days ago by TradeWithMojo
about 144 days ago by mytfine
Dec 29, 4:07PM Street Insider
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about 183 days ago by ChartMoMo
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GOOD | 16.00 | -0.11 | -0.68% | 176.24M |
| FULT | 10.35 | +0.11 | +1.07% | 2.051B |
| FUL | 31.59 | +0.67 | +2.17% | 1.529B |
| FUEL | 0.319 | +0.00 | +0.00% | 2.737M |
| FTWR | 0.19 | -0.03 | -12.44% | |
| FMS | 67.76 | +0.89 | +1.33% | 20.07B |
| FMFC | 4.39 | +0.24 | +5.78% | 38.18M |
| FMER | 16.07 | -0.06 | -0.37% | 1.761B |
| FMD | 1.20 | +0.01 | +0.84% | 120.84M |
| FMCN | 22.33 | +0.95 | +4.44% | 3.101B |
