Home BancShares (HOMB)
Home BancShares Beta: 0.6475
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HOMB Beta Range, Past 5 Years
| Minimum | 0.5024 | Jun 2009 |
| Maximum | 0.6977 | Aug 2010 |
| Average | 0.6242 |
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.
Learn More
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HOMB News
about 9 days ago by LPLongo
about 9 days ago by harmongreg
about 11 days ago by harmongreg
May 08, 5:15PM GlobeNewswire
Apr 25, 5:31PM Street Insider
Apr 25, 5:30PM GlobeNewswire
Apr 24, 5:30PM GlobeNewswire
about 41 days ago by sherowcap
Apr 19, 9:15AM GlobeNewswire
Apr 17, 7:30AM GlobeNewswire
Mar 15, 5:15PM GlobeNewswire
Feb 21, 5:15PM GlobeNewswire
Feb 16, 5:16PM GlobeNewswire
Feb 16, 5:00PM GlobeNewswire
about 125 days ago by DynamicDividend
Jan 25, 5:16PM Street Insider
Jan 25, 5:15PM GlobeNewswire
Jan 19, 9:15AM GlobeNewswire
about 147 days ago by howardlindzon
about 148 days ago by StockTwits
Dec 22, 5:15PM GlobeNewswire
Nov 04, 5:15PM GlobeNewswire
about 301 days ago by sherowcap
about 302 days ago by DynamicDividend
about 325 days ago by harmongreg
about 326 days ago by Fibline
about 344 days ago by harmongreg
about 512 days ago by lamonicabuzz
about 512 days ago by Longshot
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HOMB | 28.51 | -0.08 | -0.28% | 807.10M |
| HOLX | 16.99 | +0.07 | +0.41% | 4.463B |
| HOLL | 1.24 | +0.00 | +0.00% | 28.74M |
| HOLI | 9.57 | +0.41 | +4.48% | 511.40M |
| HOKU | 0.0833 | -0.01 | -9.06% | 5.030M |
| HOGS | 9.74 | +0.25 | +2.63% | 356.06M |
| HOG | 48.49 | +0.97 | +2.04% | 10.94B |
| HOFT | 11.43 | -0.31 | -2.64% | 126.67M |
| HNZ | 53.59 | +0.09 | +0.17% | 17.11B |
| HNT | 26.69 | +0.25 | +0.95% | 2.190B |
