Aberdeen Australia Equity Fund (IAF)
Aberdeen Australia Equity Fund Beta: 1.444
View IAF Beta with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
IAF Beta Range, Past 5 Years
| Minimum | 0.8222 | Aug 2007 |
| Maximum | 1.546 | Nov 2010 |
| Average | 1.366 |
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
You may also be interested in these IAF related companies
IAF News
May 03, 12:01PM PR Newswire
Apr 13, 11:55AM PR Newswire
Apr 04, 1:37PM PR Newswire
Mar 08, 4:20PM PR Newswire
Mar 06, 3:52PM PR Newswire
about 109 days ago by MarketBrief
Feb 06, 1:54PM PR Newswire
Jan 13, 2:25PM PR Newswire
Jan 13, 2:24PM PR Newswire
Jan 09, 4:46PM PR Newswire
Dec 08, 4:33PM PR Newswire
Dec 05, 11:50AM PR Newswire
Nov 04, 3:42PM PR Newswire
Oct 14, 12:52PM PR Newswire
Oct 06, 3:37PM PR Newswire
Sep 09, 10:44AM Business Wire
Sep 06, 12:45PM Business Wire
Aug 02, 10:24AM Business Wire
Jul 15, 10:56AM Business Wire
Jun 29, 12:52PM Business Wire
Jun 09, 11:00AM Business Wire
Jun 02, 12:59PM Business Wire
May 04, 12:28PM Business Wire
Apr 15, 10:23AM Business Wire
Apr 01, 12:00PM Business Wire
Mar 10, 11:25AM Business Wire
Mar 04, 12:55PM Business Wire
Feb 04, 10:55AM Business Wire
Jan 14, 10:37AM Business Wire
Jan 11, 12:21PM Business Wire
about 970 days ago by rcline_jr
about 1058 days ago by rcline_jr
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IAF | 9.81 | +0.41 | +4.36% | |
| IAE | 14.79 | +0.14 | +0.96% | |
| IACI | 45.80 | +1.07 | +2.39% | 3.635B |
| HSNI | 39.67 | +0.43 | +1.10% | 2.272B |
| HSKA | 12.22 | +0.14 | +1.16% | 63.66M |
| HSII | 16.79 | +0.26 | +1.57% | 295.39M |
| HSFT | 13.06 | +0.17 | +1.32% | 404.23M |
| HSC | 20.78 | +0.48 | +2.36% | 1.635B |
| HGT | 6.70 | -0.14 | -2.05% | 273.60M |
| HGSI | 13.81 | +0.20 | +1.47% | 2.708B |
