ING Prime Rate Trust (PPR)
ING Prime Rate Trust Beta: 0.691
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PPR Beta Range, Past 5 Years
| Minimum | 0.0579 | Aug 2007 |
| Maximum | 0.8048 | Nov 2008 |
| Average | 0.5884 |
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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PPR News
about 14 days ago by RecogniaEvents
about 79 days ago by TALENTEDBLONDE
Mar 01, 4:31PM Street Insider
Feb 29, 2:14PM Street Insider
about 113 days ago by TALENTEDBLONDE
Dec 20, 1:44PM Street Insider
about 181 days ago by STNet
about 182 days ago by TALENTEDBLONDE
Dec 01, 2:52PM Street Insider
Nov 30, 2:37PM Street Insider
about 184 days ago by STNet
about 184 days ago by StockTwits
about 189 days ago by TALENTEDBLONDE
about 197 days ago by TALENTEDBLONDE
Nov 11, 9:00AM PR Newswire
about 205 days ago by TALENTEDBLONDE
about 212 days ago by TALENTEDBLONDE
about 266 days ago by StockTiger
about 268 days ago by StockTiger
about 269 days ago by StockTiger
about 270 days ago by lo_trading
about 270 days ago by Trading_lo
about 270 days ago by StockTiger
Sep 01, 3:17PM Street Insider
Sep 01, 3:16PM Street Insider
Sep 01, 9:10AM PR Newswire
about 286 days ago by TALENTEDBLONDE
about 387 days ago by TALENTEDBLONDE
about 395 days ago by howardlindzon
about 395 days ago by TALENTEDBLONDE
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PPR | 5.54 | +0.00 | +0.00% | |
| PPO | 37.21 | -0.79 | -2.08% | 1.767B |
| PNBC | 0.7131 | -0.09 | -10.86% | 2.375M |
| PMTC | 19.96 | -0.51 | -2.49% | 2.438B |
| PMT | 18.21 | -0.24 | -1.30% | 554.61M |
| PMR | 24.58 | -0.39 | -1.56% | |
| PMNA | 10.48 | -0.19 | -1.78% | |
| PMM | 7.89 | -0.01 | -0.13% | |
| PMFG | 7.64 | -0.17 | -2.18% | 158.39M |
| PMF | 15.05 | +0.03 | +0.20% |
