Nabors Industries (NBR)

13.76 -0.56  -3.91%  May 30, 8:00PM Go Pro
You must be signed in to use watchlists.
Sign In or Register
Watch this stock

Nabors Industries Beta: 1.909

Get Interactive Chart for

View NBR Beta with YCharts Pro.




Start My 14-Day Free Trial We respect your privacy. We will never share your email address.
document.write('');

Access these YCharts Pro features:

  • Export any data you want
  • Save any chart as an image
  • Utilize advanced screener power
  • View 30 years of financial history
  • over 90 advanced calculations
  • Enjoy an advertising free experience
and much more...

NBR Beta Range, Past 5 Years

Minimum 0.3941 Jun 2008
Maximum 1.938 Oct 2011
Average 1.366

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

You may also be interested in these NBR related companies

Display in Live Stream: Done
Options

NBR News

energy free fall continues....$XLE $OIH $RIG $ESV $SLB $NBR $X $SD $XCO $HES $WFT - shorts in full control. buyers nowhere
about 21 hours ago by mytfine
Interested in $OCZ and $NBR
about 2 days ago by Caesar
I guess I am bored today, but starting another L position in $NBR. I think that is the last one. Will just add to other positions now
about 6 days ago by SilentPatriot
$MMR and $NBR moving up quietly
about 10 days ago by nrp
Guggenheim Upgrades Nabors (NBR) to Buy
May 21, 8:53AM Street Insider
Downgrades Roundup http://stks.co/3uj7 My story via @TheStreet $WEN $BID $NUE $LEA $MDP $PGH $NBR $HBM $HMY $AGO $BRCD $CCJ #Downgrade
about 10 days ago by azendrian
$NBR any vulnerability certainly temporary
about 13 days ago by BrantleyFoster
@BrantleyFoster Indeed. $NBR has some support at 13 flat might add there instead. Depends how overall mkt trades
about 14 days ago by SteveCaru
@SteveCaru getting $NBR <12 1/2 would be a gift. I hope it happens
about 14 days ago by BrantleyFoster
$NBR is the very best friend that anyone could ever have. Let's all sign this together.
about 15 days ago by Jinweb
$OIH showing strength on a bunch of upgrades of names that have been shot for no real reason. $ESV $RIG $WFT $NBR
about 15 days ago by mytfine
Today's Portfolio Update: Closed $MUR Oct $52.50 put (+47.06%), $NBR Sep $16 put (+46.67%) & $SAI Nov $13 put (+45.79%). Adding Short $EWC
about 15 days ago by elliottwave
$NBR forms bearish "Descending Continuation Triangle" chart pattern. http://stks.co/3p77
about 16 days ago by RecogniaEvents
$NBR forms bearish "Top Triangle" chart pattern. http://stks.co/3p6b
about 16 days ago by RecogniaEvents
$NBR Where does everyone think this is heading? Do you think we will hit $11? Looks like we are down 20% since reporting good earnings.
about 17 days ago by Jinweb
Carbo Ceramics
May 11, 9:30AM
@PTSD_Trader There is so much I love about $NBR to even fit in 140 characters haha, keeping my 1% starter position, will add lower
about 22 days ago by SteveCaru
Was stopped out, but I love $NBR trading at .84 book value. Last qtr earnings great. RT @SteveCaru $NBR Jun 27 calls active 8,000 contracts
about 22 days ago by PTSD_Trader
@karolad $NBR @X If you want a fun stock to play with, look at $NBR - Biggest oil driller - I started at 14.95 today and all in at $11
about 22 days ago by Jinweb
There will be so many great Long positions soon $SBUX $AAPL $CAT $CMI $NBR $SD $TNH $HAL $SLB $COST $V $MA
about 23 days ago by KING88
$NBR You wouldn't know by the chart they had great earnings
about 23 days ago by Jinweb
$nbr
about 23 days ago by Jinweb
$NBR recent golden cross failed today. Much weaker vs $XLE. Will bears aim at October lows for retest? http://stks.co/3i1Z
about 24 days ago by tradewithpete
$NBR Mentioned more than normal on StockTwits - Currently at 5 x average daily social activity
about 27 days ago by TradeIdeasQuant
$NBR Block 5000 contracts on Jun 16 & 18 both purchased at the same time (13:31), not sure if its bull or bear call spread. Anyone know?
about 27 days ago by SteveCaru
$NBR filed latest Quarterly Report http://stks.co/3gPR
about 27 days ago by MarketBrief
$OCZ Sept 7 calls active again today and $NBR seeing call activity on June 16 & 18 strikes
about 27 days ago by SteveCaru

Recent Quotes

Symbol Price Chg Chg % Market Cap
NBR 13.76 -0.56 -3.91% 3.972B
NBL 84.04 -2.17 -2.52% 15.02B
NBIX 6.45 -0.08 -1.23% 427.25M
NBG 1.44 -0.08 -5.26% 1.377B
MOC 1.10 +0.01 +0.92% 11.81M
MOBI 2.11 -0.08 -3.65% 67.88M
MO 32.02 -0.11 -0.34% 65.50B
MNTG 4.90 +0.11 +2.30% 135.58M
MNTA 13.83 -0.14 -1.00% 709.89M
MNST 73.64 +0.60 +0.82% 12.84B
You must be signed in to use watchlists.
Sign In or Register
Create Watchlist from Stock Quotes
Close