Neptune Technologies & Bioresources (NEPT)
Neptune Technologies & Bioresources Beta: 2.480
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NEPT Beta Range, Past 5 Years
| Minimum | 2.457 | Aug 2010 |
| Maximum | 2.759 | Sep 2011 |
| Average | 2.645 |
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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NEPT News
May 30, 5:22PM Street Insider
about 4 days ago by fallondpicks
May 25, 12:33PM Fox Business
about 6 days ago by MarketScanners
May 23, 8:57AM Thomson Reuters ONE
May 22, 3:00AM GlobeNewswire
May 22, 3:00AM GlobeNewswire
about 9 days ago by TradeIdeasQuant
May 10, 4:16PM Thomson Reuters ONE
about 23 days ago by epime7heus
May 03, 8:00AM GlobeNewswire
about 34 days ago by abubnic
Apr 26, 9:37AM Street Insider
Apr 25, 2:48PM Thomson Reuters ONE
Apr 02, 7:01AM Marketwire
Mar 27, 8:00AM GlobeNewswire
about 67 days ago by nobody99
Mar 09, 10:00AM GlobeNewswire
Mar 06, 8:00AM GlobeNewswire
Mar 02, 2:27PM Thomson Reuters ONE
Feb 15, 8:00AM GlobeNewswire
Feb 07, 11:52AM GlobeNewswire
Feb 02, 12:24PM GlobeNewswire
about 150 days ago by Tr8r_x
about 181 days ago by HowardGroup
about 188 days ago by HowardGroup
about 189 days ago by HowardGroup
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NEPT | 3.80 | +0.00 | +0.00% | 183.46M |
| NEP | 3.11 | +0.00 | +0.00% | 110.28M |
| NEOG | 38.47 | -0.09 | -0.23% | 907.32M |
| NEN | 27.00 | +0.00 | +0.00% | 85.32M |
| NEM | 47.85 | -0.33 | -0.68% | 23.62B |
| NEI | 0.80 | +0.01 | +1.27% | 33.61M |
| NEE | 65.15 | -0.49 | -0.75% | 27.32B |
| NEBS | 9.78 | -0.71 | -6.77% | 63.99M |
| NEA | 15.00 | -0.02 | -0.13% | |
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
