Rogers Corporation (ROG)
Rogers Corporation Beta: 1.511
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ROG Beta Range, Past 5 Years
| Minimum | 1.215 | Sep 2007 |
| Maximum | 2.044 | Apr 2008 |
| Average | 1.537 |
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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ROG News
May 23, 2:00PM Business Wire
about 16 days ago by leahcim474
about 30 days ago by earningscast
May 01, 10:50AM Marketwire
Apr 24, 9:30AM Business Wire
Apr 02, 7:37AM Street Insider
about 73 days ago by MarketBrief
Feb 17, 2:21PM Street Insider
about 105 days ago by earningscast
about 105 days ago by Benzinga
Feb 09, 10:00AM Business Wire
Feb 03, 4:25AM Benzinga
about 148 days ago by Street_Insider
about 303 days ago by inthemoneystock
about 346 days ago by Trade4Me
about 346 days ago by Trade4Me
about 598 days ago by RANsquawk
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ROG | 40.26 | +0.26 | +0.65% | 650.80M |
| RODM | 0.50 | -0.08 | -13.79% | 19.95M |
| ROCM | 9.95 | +0.00 | +0.00% | 120.40M |
| ROCK | 10.24 | +0.00 | +0.00% | 312.73M |
| ROC | 48.40 | -0.43 | -0.88% | 3.778B |
| RNWKD | 8.72 | -0.09 | -1.02% | |
| RNWK | 8.86 | +0.14 | +1.61% | 301.10M |
| RMBS | 4.805 | +0.10 | +2.23% | 518.88M |
| RLOG | 7.49 | -0.08 | -1.06% | 133.76M |
| RLJ | 17.63 | -0.13 | -0.73% | 1.894B |
