Marvell Technology Group (MRVL)
Marvell Technology Group Beta: 1.192
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MRVL Beta Range, Past 5 Years
| Minimum | 1.138 | Dec 2011 |
| Maximum | 2.336 | Apr 2008 |
| Average | 1.596 |
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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MRVL News
May 29, 3:07PM Street Insider
May 29, 8:16AM Street Insider
May 22, 4:34PM Fox Business
May 22, 9:00AM Marketwire
May 21, 4:56PM Fox Business
May 21, 4:34PM Fox Business
May 18, 11:10AM Benzinga
May 18, 10:08AM Street Insider
about 12 days ago by nobr3ga
about 12 days ago by TradeIdeasQuant
May 18, 9:31AM Street Insider
May 18, 8:49AM Seeking Alpha
May 18, 8:44AM Street Insider
about 12 days ago by nobr3ga
about 12 days ago by nobr3ga
May 17, 9:20PM Seeking Alpha
about 13 days ago by nobr3ga
about 13 days ago by DynamicDividend
May 17, 4:55PM Wall St. Cheat Sheet
about 13 days ago by earningscast
May 17, 4:34PM Street Insider
about 13 days ago by rogermoore
about 13 days ago by nobr3ga
May 17, 4:03PM Street Insider
about 13 days ago by Benzinga
about 13 days ago by TradeIdeasQuant
May 16, 3:11AM Benzinga
about 15 days ago by MarketBrief
May 14, 5:17PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MRVL | 12.74 | -0.31 | -2.38% | 7.647B |
| MRO | 24.86 | -0.66 | -2.59% | 17.97B |
| MRNAD | 0.7203 | -0.09 | -11.07% | |
| MRNA | 0.7389 | +0.02 | +2.58% | 5.842M |
| MRLN | 13.98 | -0.39 | -2.71% | 182.64M |
| MRK | 37.41 | -0.18 | -0.48% | 114.42B |
| MRH | 20.44 | -0.10 | -0.49% | 1.219B |
| MRGE | 2.40 | -0.08 | -3.23% | 225.70M |
| MRF | 7.84 | -0.06 | -0.76% | |
| MNDO | 1.68 | -0.03 | -1.75% | 32.03M |
