Star Bulk Carriers (SBLK)
Star Bulk Carriers Beta: 2.190
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SBLK Beta Range, Past 5 Years
| Minimum | 2.190 | Apr 2012 |
| Maximum | 2.401 | Dec 2010 |
| Average | 2.309 |
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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SBLK News
May 31, 5:12PM Seeking Alpha
about 12 hours ago by Good2go
May 31, 7:44AM Street Insider
May 22, 11:00AM Benzinga
May 22, 10:03AM Street Insider
about 20 days ago by Good2go
May 07, 4:05PM Marketwire
about 36 days ago by RandyL
about 36 days ago by EddyBear
about 37 days ago by Good2go
about 42 days ago by Good2go
Apr 13, 8:27AM Street Insider
Apr 12, 10:10AM Benzinga
about 57 days ago by elysian
about 63 days ago by elysian
Feb 16, 2:06PM Seeking Alpha
Feb 15, 5:01PM Street Insider
Feb 15, 4:59PM Street Insider
about 107 days ago by missyaubaby
about 107 days ago by ivan_bg
Jan 06, 4:19AM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SBLK | 0.80 | +0.01 | +1.27% | 63.48M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SAH | 14.89 | -0.01 | -0.07% | 784.48M |
| SAFT | 40.11 | +0.24 | +0.60% | 606.02M |
| SAFM | 54.94 | +1.48 | +2.77% | 1.189B |
| SABA | 8.34 | -0.02 | -0.24% | 245.78M |
| SAB | 8.55 | +0.00 | +0.00% | 226.92M |
| SAAS | 5.20 | +0.15 | +2.97% | 220.68M |
| SA | 15.14 | -0.17 | -1.11% | 664.91M |
| S | 2.55 | -0.03 | -1.16% | 7.733B |
