Mentor Graphics Corporation (MENT)
Mentor Graphics Corporation Beta: 1.435
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MENT Beta Range, Past 5 Years
| Minimum | 0.8684 | Sep 2008 |
| Maximum | 3.824 | May 2007 |
| Average | 1.711 |
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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MENT News
May 29, 8:17PM Business Wire
May 29, 10:41AM Wall St. Cheat Sheet
May 29, 9:00AM Business Wire
May 29, 8:18AM Street Insider
May 29, 7:30AM Street Insider
May 25, 8:49AM Benzinga
about 5 days ago by earningscast
May 25, 8:01AM Street Insider
May 24, 5:38PM Street Insider
May 24, 8:11AM Street Insider
May 18, 9:00AM Business Wire
May 16, 2:51PM Business Wire
May 16, 9:00AM Business Wire
May 14, 9:00AM Business Wire
May 13, 5:40PM Seeking Alpha
May 01, 12:45PM Street Insider
May 01, 12:31PM Street Insider
about 30 days ago by MarketBrief
Apr 25, 9:00AM Business Wire
Apr 19, 9:00AM Business Wire
Apr 16, 9:00AM Business Wire
Mar 27, 9:00AM Business Wire
about 92 days ago by ivanhoff
about 92 days ago by earningscast
about 92 days ago by trending123
about 111 days ago by chartsmarter
about 147 days ago by jackdamn
about 149 days ago by jackdamn
about 155 days ago by Ben1150
about 160 days ago by activetrading
about 160 days ago by Ben1150
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MENT | 14.19 | +0.99 | +7.53% | 1.560B |
| MEN | 11.76 | -0.05 | -0.42% | |
| MDP | 29.58 | -0.80 | -2.63% | 1.325B |
| 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 |
