IPC The Hospitalist Company (IPCM)
IPC The Hospitalist Company Beta: 1.199
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IPCM Beta Range, Past 5 Years
| Minimum | 1.199 | Apr 2012 |
| Maximum | 1.316 | Dec 2011 |
| Average | 1.260 |
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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IPCM News
May 09, 12:11PM GlobeNewswire
May 01, 4:01PM GlobeNewswire
about 35 days ago by RecogniaEvents
about 35 days ago by RecogniaEvents
about 35 days ago by TradeBot
about 36 days ago by earningscast
Apr 10, 10:24AM Street Insider
Mar 20, 8:30AM GlobeNewswire
Mar 08, 8:30AM GlobeNewswire
Mar 07, 8:30AM GlobeNewswire
Feb 23, 4:00PM GlobeNewswire
about 99 days ago by earningscast
Feb 21, 4:15PM Street Insider
about 99 days ago by Benzinga
Feb 21, 4:00PM GlobeNewswire
about 104 days ago by Val_U_Investor
Feb 14, 5:00PM GlobeNewswire
Feb 06, 4:01PM GlobeNewswire
Feb 02, 9:35AM GlobeNewswire
about 141 days ago by TradeIdeasQuant
about 145 days ago by djacome
about 145 days ago by Street_Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IPCM | 35.21 | -0.23 | -0.65% | 585.47M |
| IPCI | 2.96 | +0.00 | +0.00% | 47.09M |
| IPCC | 54.19 | -0.42 | -0.77% | 644.40M |
| IPAS | 2.35 | -0.03 | -1.26% | 141.06M |
| IPAR | 15.45 | -0.29 | -1.84% | 481.01M |
| IP | 29.31 | -0.61 | -2.04% | 13.08B |
| IOT | 1.67 | -0.06 | -3.47% | 6.964M |
| IOSP | 26.46 | -0.85 | -3.11% | 630.04M |
| IHS | 100.20 | -1.50 | -1.47% | 6.629B |
| IHI | 63.13 | -1.02 | -1.59% |
