Perceptron (PRCP)
Perceptron Beta: 1.294
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PRCP Beta Range, Past 5 Years
| Minimum | 0.794 | Jun 2008 |
| Maximum | 2.844 | Jan 2008 |
| Average | 1.376 |
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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PRCP News
about 22 days ago by Perceptron
about 28 days ago by Perceptron
May 03, 1:46PM Marketwire
about 87 days ago by Perceptron
Mar 02, 1:33PM Marketwire
about 112 days ago by Perceptron
Feb 09, 7:00AM Marketwire
about 119 days ago by Perceptron
Feb 01, 1:50PM Marketwire
about 142 days ago by Perceptron
Jan 09, 4:12PM Marketwire
about 147 days ago by Perceptron
Jan 04, 4:45PM Marketwire
about 183 days ago by Perceptron
Nov 28, 3:26PM Marketwire
Nov 10, 9:47AM Street Insider
Nov 10, 7:00AM Marketwire
about 206 days ago by Perceptron
Nov 07, 1:11PM Marketwire
about 217 days ago by Perceptron
about 238 days ago by MarketBrief
Sep 15, 9:20AM Marketwire
about 291 days ago by 1nvestor
about 477 days ago by tickertutor
about 477 days ago by tickertutor
about 478 days ago by Street_Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PRCP | 5.14 | -0.10 | -1.91% | 43.18M |
| PRAN | 1.60 | +0.00 | +0.00% | 44.05M |
| PRAA | 68.30 | -0.69 | -1.00% | 1.183B |
| PRA | 87.98 | -0.25 | -0.28% | 2.695B |
| PQ | 4.80 | -0.17 | -3.42% | 318.58M |
| PPT | 5.435 | -0.01 | -0.28% | |
| PPR | 5.54 | +0.00 | +0.00% | |
| PPO | 37.25 | -0.75 | -1.97% | 1.767B |
| PNBC | 0.7131 | -0.09 | -10.86% | 2.375M |
| PMTC | 19.95 | -0.52 | -2.54% | 2.438B |
