China Nepstar Chain Drugstore (NPD)
China Nepstar Chain Drugstore Beta: 1.744
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NPD Beta Range, Past 5 Years
| Minimum | 1.609 | Jan 2012 |
| Maximum | 1.798 | Jun 2011 |
| Average | 1.746 |
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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NPD News
May 24, 1:03PM Street Insider
May 24, 12:47PM The Wall Street Journal
about 19 days ago by GOTUBRAD
May 09, 6:00AM PR Newswire
Mar 28, 3:00AM PR Newswire
about 145 days ago by nvhp
Nov 28, 6:48AM Street Insider
Nov 28, 2:30AM PR Newswire
Sep 22, 7:00AM PR Newswire
Aug 23, 6:51AM Benzinga
Aug 23, 6:35AM Street Insider
about 369 days ago by Swissinvestor
about 371 days ago by Alphatrender2011
about 492 days ago by DynamicDividend
about 493 days ago by chartly
about 498 days ago by Street_Insider
about 510 days ago by DynamicDividend
about 516 days ago by maxdamdave
about 517 days ago by Jaymo
about 559 days ago by NateTheTrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NPD | 2.62 | -0.17 | -6.09% | 287.73M |
| NPBC | 8.80 | -0.14 | -1.57% | 1.361B |
| NHC | 43.24 | -0.25 | -0.57% | 602.77M |
| NGZ | 12.75 | +0.09 | +0.71% | |
| NGX | 15.31 | -0.03 | -0.20% | |
| NGT | 21.35 | -0.15 | -0.70% | 125.96M |
| NGSX | 0.35 | -0.02 | -5.41% | 11.07M |
| NGB | 16.30 | -0.25 | -1.51% | |
| NG | 5.91 | +0.15 | +2.60% | 1.601B |
| NFZ | 14.65 | -0.02 | -0.14% |
