Interpublic Group of Companies (IPG)
Interpublic Group of Companies Beta: 1.791
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IPG Beta Range, Past 5 Years
| Minimum | 0.9596 | Apr 2008 |
| Maximum | 1.968 | Dec 2007 |
| Average | 1.477 |
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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IPG News
May 21, 10:40AM Street Insider
about 9 days ago by laughing_stock
about 11 days ago by Street_Insider
May 16, 4:20PM Thomson Reuters ONE
May 10, 10:00AM Thomson Reuters ONE
May 02, 10:00AM PR Newswire
Apr 30, 9:00AM Business Wire
Apr 26, 1:40PM Seeking Alpha
about 33 days ago by earningscast
about 34 days ago by Attitrade
Apr 18, 10:54AM PR Newswire
Apr 17, 11:35AM PR Newswire
about 59 days ago by jackdamn
about 93 days ago by Stocktrader45
about 95 days ago by TradeBot
about 95 days ago by earningscast
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IPG | 10.99 | +0.25 | +2.33% | 4.791B |
| INTC | 26.12 | +0.38 | +1.48% | 128.60B |
| INT | 38.15 | +0.26 | +0.69% | 2.696B |
| INSP | 12.88 | +0.25 | +1.98% | 502.30M |
| INSM | 2.97 | -0.01 | -0.34% | 74.08M |
| HBOS | 12.26 | -0.09 | -0.73% | |
| HBNC | 25.10 | -0.15 | -0.59% | 125.49M |
| HBIO | 3.60 | +0.00 | +0.00% | 103.50M |
| HBI | 27.89 | +0.84 | +3.11% | 2.639B |
| HBHC | 30.48 | +0.76 | +2.56% | 2.549B |
