International Speedway Corporation (ISCA)
International Speedway Corporation Beta: 1.063
View ISCA 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
ISCA Beta Range, Past 5 Years
| Minimum | 0.1091 | Aug 2007 |
| Maximum | 1.228 | Mar 2009 |
| Average | 0.8943 |
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 ISCA related companies
ISCA News
May 11, 8:58AM PR Newswire
Apr 04, 2:01PM Street Insider
Apr 04, 2:01PM Benzinga
Apr 04, 2:00PM PR Newswire
Apr 04, 1:40PM PR Newswire
Apr 03, 11:20AM Seeking Alpha
about 56 days ago by earningscast
Apr 03, 7:04AM Street Insider
Apr 03, 7:00AM PR Newswire
Mar 22, 9:00AM PR Newswire
about 82 days ago by StockTwits
Feb 25, 9:15AM PR Newswire
Feb 23, 2:14PM PR Newswire
Feb 23, 9:00AM PR Newswire
Feb 21, 9:00AM PR Newswire
Feb 08, 11:30AM PR Newswire
about 124 days ago by earningscast
about 325 days ago by 1nvestor
about 344 days ago by 1nvestor
about 490 days ago by sconsetcapital
about 503 days ago by marcchaikin
about 593 days ago by Minyanville
about 649 days ago by researchpuzzler
about 662 days ago by GeoffGannon
about 688 days ago by OptionRadar
about 838 days ago by dakapbj
about 840 days ago by sconsetcapital
about 859 days ago by Attitrade
about 935 days ago by BHSMITH
about 1006 days ago by PhilsChaos
about 1058 days ago by stockguy22
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ISCA | 23.99 | +0.54 | +2.30% | 1.085B |
| IPSU | 6.34 | -0.01 | -0.16% | 77.60M |
| IPS | 31.32 | +0.04 | +0.13% | |
| IPN | 22.70 | -0.20 | -0.87% | |
| IPK | 22.62 | +0.14 | +0.62% | |
| IPI | 20.26 | +0.55 | +2.79% | 1.482B |
| IPHS | 49.45 | +1.03 | +2.13% | 1.047B |
| IPHI | 8.67 | +0.20 | +2.36% | 238.52M |
| IPGP | 45.71 | +2.87 | +6.70% | 2.163B |
| IPG | 10.99 | +0.25 | +2.33% | 4.791B |
