Grupo Aeroportuario del Pacifico (PAC)
Grupo Aeroportuario del Pacifico Beta: 1.145
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PAC Beta Range, Past 5 Years
| Minimum | 1.132 | Aug 2009 |
| Maximum | 1.265 | Nov 2010 |
| Average | 1.188 |
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
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PAC News
May 22, 6:36PM Business Wire
about 15 days ago by TradeBot
May 07, 4:19PM Benzinga
Apr 23, 4:38PM Business Wire
Apr 09, 4:36PM Business Wire
Mar 30, 4:53PM Business Wire
Mar 13, 5:22PM Street Insider
Mar 07, 8:58AM Benzinga
Mar 07, 8:58AM Business Wire
Mar 02, 1:57PM Street Insider
Feb 27, 4:13PM Business Wire
Feb 08, 5:16PM Business Wire
Jan 10, 10:06AM Benzinga
Jan 10, 10:03AM Business Wire
Jan 09, 7:02PM Business Wire
Dec 05, 4:34PM Business Wire
Nov 18, 4:59PM Business Wire
Nov 07, 10:42PM Business Wire
about 400 days ago by adorbecker
about 505 days ago by DynamicDividend
about 641 days ago by WPThatcher
about 643 days ago by MarekFuchs
about 647 days ago by MarekFuchs
about 718 days ago by mhass33
about 800 days ago by whatawhale
about 800 days ago by whatawhale
about 800 days ago by whatawhale
about 801 days ago by ldrogen
about 818 days ago by RJReeDFW
about 935 days ago by clubfloozy
about 1007 days ago by stockerblog
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PAC | 35.50 | -0.23 | -0.64% | 1.704B |
| PAA | 78.47 | -1.73 | -2.16% | 12.48B |
| P | 10.98 | +0.41 | +3.88% | 1.744B |
| OZRK | 29.05 | +0.52 | +1.82% | 986.00M |
| OZM | 7.27 | +0.06 | +0.83% | 1.005B |
| OYOG | 92.92 | -2.03 | -2.14% | 604.83M |
| OXY | 79.26 | -1.03 | -1.28% | 65.11B |
| OXM | 46.02 | +1.33 | +2.98% | 737.38M |
| OXGN | 0.8601 | -0.04 | -4.43% | 13.66M |
| OXF | 7.68 | -0.01 | -0.13% | 80.05M |
