Mountain Province Diamonds (MDM)

4.20 +0.09  +2.19%  May 29, 8:00PM Go Pro
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Mountain Province Diamonds Beta: 1.933

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MDM Beta Range, Past 5 Years

Minimum 0.0425 Oct 2007
Maximum 2.498 Sep 2009
Average 1.816

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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MDM News

RT @TALENTEDBLONDE Diamonds continue to shine: $HWD $RIO $MDM $TIF $BHP: http://stks.co/BAj $$
about 261 days ago by Speculator99
Diamonds continue to shine: $HWD $RIO $MDM $TIF $BHP: http://stks.co/BAY $$
about 261 days ago by TALENTEDBLONDE
On Radar 2: $DVR, $GGS, $EXH, $FTK, $GLBL, $RES, $WFT, $WRES, $GRM, $NTIC, $SLGN, $MDM, $GME, $FCX, $LVS, $SCCO, $LIWA, $SKY, $ACCL, $NAVI
about 464 days ago by mykaljohncox
$MDM http://chart.ly/7cgynvv Failed to breakout, no position taken
about 467 days ago by investorentrypoint
$MDM http://chart.ly/ind3sls Looking for breakout from descending trendline at $6.10
about 467 days ago by investorentrypoint
Mountain Province Diamonds $MDM eyes 2013 production from Gahcho Kue project http://bit.ly/eVyuNA
about 513 days ago by AGORACOM
Nice bounce for gold stock $MDM off the support of the 50 day moving average.
about 588 days ago by JoshuaHayes
$MDM bot more on the dip... Diamonds are a girls best friend and so are diamond mines! there must be a reason DeBeers has a 51% stake
about 609 days ago by diamondzrock
RT @JoshuaHayes Leading stocks continued... $SPRD $ASYS $CCUR $CNTF $ARGN $MDM $AKAM $SUSS $MIPS $ISLN $SOLF $EZCH $PANL $WBC $PWER $JKS
about 636 days ago by SevereVertigo
Leading stocks continued to outperform. Today $SPRD $ASYS $CCUR $CNTF $ARGN $MDM $AKAM $SUSS $MIPS $ISLN $SOLF $EZCH $PANL $WBC $PWER $JKS
about 636 days ago by JoshuaHayes
$MDM...diamonds as a hedge,anyone?
about 664 days ago by teevee
$MDM DIAMONDS !!! B/O Support 1.80 http://fsc.bz/kS #WORDEN
about 983 days ago by Loonie_Twit
$MDM taking off all of the sudden. >100% move in about 12 minutes.
about 985 days ago by StockTickr
@Nostreetrader $HWD. Don;t know much about diamond miners .. Only real comps are $MDM and maybe $NILE.
about 1103 days ago by UrbaneGorilla

Recent Quotes

Symbol Price Chg Chg % Market Cap
MDM 4.20 +0.09 +2.19% 330.33M
MDH 3.260 -0.04 -1.22% 32.60M
MDF 8.71 +0.00 +0.00% 381.76M
MDD 25.09 +0.21 +0.84%
MDCO 22.19 +0.70 +3.26% 1.206B
MDCA 9.74 +0.19 +1.99% 301.16M
LNT 44.10 +0.06 +0.14% 4.896B
LNN 57.74 +1.10 +1.94% 733.30M
LNKD 101.40 +1.46 +1.46% 10.24B
LNG 15.64 +0.63 +4.20% 2.356B
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