Kopin Corporation (KOPN)
Kopin Corporation Beta: 1.563
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KOPN Beta Range, Past 5 Years
| Minimum | 1.201 | Sep 2008 |
| Maximum | 2.218 | Jul 2007 |
| Average | 1.683 |
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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KOPN News
May 25, 8:30AM Business Wire
about 20 days ago by earningscast
May 04, 10:30AM Business Wire
Apr 25, 8:30AM Business Wire
about 37 days ago by RecogniaEvents
about 51 days ago by zimmy818
about 55 days ago by MarketBrief
Mar 28, 8:00AM Business Wire
about 64 days ago by MicroInsider
Mar 14, 7:46AM Street Insider
Mar 07, 7:30AM Business Wire
about 98 days ago by zimmy818
Feb 22, 1:45PM Business Wire
Jan 11, 8:00AM Business Wire
Dec 12, 8:30AM Business Wire
about 198 days ago by zimmy818
about 209 days ago by StockTiger
Nov 03, 8:35AM Business Wire
about 212 days ago by StockTiger
about 212 days ago by Fibline
about 212 days ago by StockTiger
about 232 days ago by zimmy818
about 232 days ago by zimmy818
about 343 days ago by zimmy818
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| KOPN | 3.09 | -0.08 | -2.52% | 212.45M |
| KOP | 35.66 | -1.05 | -2.86% | 756.23M |
| KOOL | 0.81 | +0.00 | +0.00% | 13.29M |
| KONA | 7.85 | -0.04 | -0.51% | 69.43M |
| KOL | 25.44 | -0.73 | -2.79% | |
| KOG | 8.395 | -0.35 | -4.06% | 2.302B |
| KOF | 113.16 | -1.29 | -1.13% | 21.13B |
| KO | 75.09 | -0.37 | -0.49% | 170.88B |
| KNXA | 29.78 | -0.73 | -2.39% | 831.40M |
| IL | 4.10 | -0.11 | -2.61% | 230.50M |
