Metabolix (MBLX)
Metabolix Beta: 1.536
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MBLX Beta Range, Past 5 Years
| Minimum | 1.536 | Apr 2012 |
| Maximum | 1.995 | Mar 2010 |
| Average | 1.729 |
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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MBLX News
May 29, 9:00AM Business Wire
about 5 days ago by abdulalikon
about 16 days ago by MarketBrief
about 20 days ago by stkwatcherpro
about 22 days ago by epime7heus
about 33 days ago by meatloose
Apr 26, 4:01PM Business Wire
about 35 days ago by meatloose
Apr 23, 9:00AM Business Wire
Apr 23, 9:00AM Business Wire
Apr 10, 9:00AM Business Wire
Apr 04, 8:33PM PR Newswire
about 62 days ago by RecogniaEvents
Mar 27, 4:38PM PR Newswire
about 77 days ago by MicroInsider
Mar 14, 9:02AM Benzinga
Mar 12, 3:00PM PR Newswire
about 80 days ago by VexTrades
about 85 days ago by earningscast
Mar 06, 4:01PM Business Wire
Mar 01, 6:30PM Business Wire
about 91 days ago by Fakemoney123
about 91 days ago by amitp_gupta
Feb 28, 6:08PM Business Wire
Feb 24, 9:30PM Business Wire
Feb 24, 7:04PM Business Wire
Feb 21, 9:00AM Business Wire
Feb 20, 8:23PM Business Wire
about 111 days ago by GoofyGolfa
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MBLX | 1.95 | -0.03 | -1.52% | 67.60M |
| LXK | 25.33 | -0.78 | -2.99% | 1.858B |
| LWAY | 10.06 | +0.10 | +1.00% | 165.29M |
| LVS | 47.46 | -1.57 | -3.20% | 35.99B |
| LVLT | 21.54 | -0.80 | -3.58% | 4.828B |
| LVL | 12.16 | -0.18 | -1.46% | |
| LVB | 22.35 | -0.09 | -0.40% | 277.36M |
| LUX | 32.28 | -1.45 | -4.30% | 15.76B |
| LUV | 8.82 | -0.12 | -1.34% | 6.910B |
| LINE | 35.56 | -0.51 | -1.41% | 7.191B |
