IntercontinentalExchange (ICE)
IntercontinentalExchange Beta: 1.047
View ICE 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
ICE Beta Range, Past 5 Years
| Minimum | 0.9975 | Feb 2012 |
| Maximum | 1.953 | Jan 2009 |
| Average | 1.372 |
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 ICE related companies
ICE News
May 25, 6:58AM Street Insider
about 5 days ago by STNet
May 23, 7:26AM Street Insider
May 23, 7:24AM Street Insider
about 7 days ago by MercenaryJack
May 18, 4:33PM Fox Business
May 18, 4:29AM Benzinga
about 12 days ago by MarketBrief
May 17, 8:46AM Street Insider
about 15 days ago by StockTwits
about 15 days ago by STNet
May 03, 11:28AM Street Insider
May 03, 6:31AM PR Newswire
about 27 days ago by bradloncar
about 28 days ago by earningscast
about 38 days ago by ronin245
about 45 days ago by StockSage1
about 45 days ago by abnormalreturns
about 45 days ago by Fibline
about 45 days ago by ivanhoff
about 45 days ago by derekhernquist
about 46 days ago by optionstradingiq
about 52 days ago by 1nvestor
about 53 days ago by WallStreetBeats
about 54 days ago by TheInformedTrader
about 60 days ago by MarketBrief
about 67 days ago by lamonicabuzz
about 69 days ago by momomiester
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ICE | 125.04 | -0.45 | -0.36% | 9.109B |
| ICCC | 5.950 | -0.00 | -0.00% | 17.97M |
| HVT | 11.98 | -0.04 | -0.33% | 263.84M |
| HVB | 16.58 | -0.09 | -0.54% | 325.57M |
| HUSA | 1.68 | +0.04 | +2.44% | 51.12M |
| HURC | 22.61 | -0.06 | -0.26% | 145.99M |
| HUN | 13.54 | +0.67 | +5.21% | 3.077B |
| HUM | 77.69 | +0.41 | +0.53% | 12.67B |
| HUBG | 35.71 | +0.46 | +1.30% | 1.307B |
| HUBA | 74.93 | +0.00 | +0.00% | 4.467B |
