Integrated Device Technology (IDTI)
Integrated Device Technology Beta: 1.581
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IDTI Beta Range, Past 5 Years
| Minimum | 1.429 | Mar 2009 |
| Maximum | 2.250 | Jan 2008 |
| Average | 1.619 |
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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IDTI News
May 25, 10:31AM Street Insider
May 09, 6:30AM Business Wire
May 01, 9:03AM Street Insider
Apr 30, 5:58PM Street Insider
Apr 30, 5:01PM Street Insider
about 29 days ago by Benzinga
about 29 days ago by Street_Insider
Apr 25, 10:58AM Wall St. Cheat Sheet
Apr 24, 6:30AM Business Wire
Apr 19, 6:30AM Business Wire
Apr 11, 6:30AM GlobeNewswire
Mar 28, 4:31PM Business Wire
Mar 20, 6:30AM Business Wire
about 75 days ago by TradeIdeasQuant
Mar 14, 8:34AM Street Insider
Mar 13, 8:34AM Street Insider
Mar 06, 6:30AM Business Wire
about 90 days ago by DrCharts
Feb 27, 6:30AM Business Wire
Feb 16, 6:30AM Business Wire
about 120 days ago by Benzinga
about 203 days ago by ThePirateTrader
about 206 days ago by ABtrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IDTI | 5.58 | +0.06 | +1.09% | 780.47M |
| IDT | 8.20 | +0.03 | +0.37% | 185.79M |
| IDSY | 4.50 | -0.16 | -3.43% | 56.20M |
| IDSA | 5.13 | -0.02 | -0.39% | 35.74M |
| IBI | 25.08 | +7.14 | +39.80% | 566.90M |
| IBCP | 3.50 | +0.15 | +4.48% | 28.61M |
| IBCA | 3.72 | -0.05 | -1.33% | 81.39M |
| IBB | 125.18 | -0.02 | -0.02% | |
| IBA | 21.12 | +0.57 | +2.77% | 1.028B |
| HRZN | 16.24 | +0.09 | +0.56% | 123.22M |
