Silicom (SILC)
Silicom Beta: 0.6526
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SILC Beta Range, Past 5 Years
| Minimum | 0.4591 | Nov 2010 |
| Maximum | 4.900 | Oct 2007 |
| Average | 1.396 |
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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SILC News
about 15 days ago by porsche17000
May 17, 10:59AM Business Wire
about 18 days ago by porsche17000
about 31 days ago by porsche17000
about 43 days ago by porsche17000
about 45 days ago by porsche17000
Apr 02, 6:15AM Business Wire
Mar 20, 7:34AM Business Wire
about 85 days ago by chrisdress
about 92 days ago by porsche17000
about 108 days ago by porsche17000
about 108 days ago by porsche17000
Jan 23, 8:15AM Business Wire
Jan 03, 8:00AM Business Wire
Nov 28, 8:09AM Street Insider
Oct 03, 8:00AM Business Wire
Aug 31, 8:40AM FlyOnTheWall
Aug 31, 8:02AM FlyOnTheWall
Aug 31, 8:00AM Business Wire
about 407 days ago by jimvanmeerten
about 409 days ago by DarvasTrader
about 531 days ago by redman59
about 546 days ago by Stock_Monster
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SILC | 13.80 | -0.17 | -1.22% | 96.81M |
| SIL | 18.40 | +0.68 | +3.85% | |
| SIJ | 39.15 | +2.06 | +5.55% | |
| SIHI | 0.2801 | +0.01 | +3.74% | 9.034M |
| SIGI | 16.58 | -0.32 | -1.89% | 925.11M |
| SIGA | 2.50 | +0.19 | +8.23% | 119.29M |
| SIG | 42.59 | -1.07 | -2.45% | 3.806B |
| SIFY | 2.08 | -0.05 | -2.35% | 82.86M |
| SIFI | 11.50 | -0.07 | -0.61% | 122.41M |
| SIF | 19.05 | +0.06 | +0.32% | 100.46M |
