MWI Veterinary Supply (MWIV)
MWI Veterinary Supply Beta: 0.7317
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MWIV Beta Range, Past 5 Years
| Minimum | 0.6248 | Jul 2011 |
| Maximum | 1.234 | Jan 2009 |
| Average | 0.7813 |
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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MWIV News
about 28 days ago by earningscast
May 03, 7:40AM Street Insider
May 03, 7:00AM Marketwire
about 51 days ago by RecogniaEvents
Mar 22, 4:43AM Benzinga
Feb 13, 12:25PM Business Wire
Feb 06, 7:32AM Street Insider
about 119 days ago by earningscast
Feb 02, 8:49AM Street Insider
Feb 02, 7:00AM Marketwire
about 122 days ago by BullAllTheWay
about 134 days ago by StockSage1
about 134 days ago by EconomicDisconnect
about 153 days ago by MarketBrief
about 154 days ago by MarketBrief
Nov 03, 7:47AM Street Insider
Nov 03, 7:00AM Marketwire
about 305 days ago by redman59
about 362 days ago by canarionyc
about 362 days ago by canarionyc
about 393 days ago by canarionyc
about 393 days ago by canarionyc
about 393 days ago by canarionyc
about 622 days ago by traderjaz
about 644 days ago by OptionRadar
about 685 days ago by traderjaz
about 709 days ago by IBDinvestors
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MWIV | 93.77 | -0.63 | -0.67% | 1.201B |
| MOVED | 8.29 | +0.22 | +2.73% | |
| MOVE | 8.03 | -0.26 | -3.14% | 326.96M |
| MOV | 28.45 | -0.34 | -1.18% | 525.99M |
| MOTR | 0.6551 | -0.07 | -9.03% | 33.25M |
| MOSY | 3.01 | -0.01 | -0.33% | 116.87M |
| MOS | 47.92 | -1.54 | -3.11% | 21.04B |
| MORT | 25.24 | -0.17 | -0.67% | |
| MORN | 56.53 | -0.94 | -1.64% | 2.881B |
| MOO | 47.04 | -0.65 | -1.36% |
