Schweitzer Mauduit International (SWM)
Schweitzer Mauduit International Beta: 1.134
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SWM Beta Range, Past 5 Years
| Minimum | 0.7552 | Jan 2009 |
| Maximum | 1.545 | Jun 2008 |
| Average | 1.237 |
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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SWM News
May 16, 3:20AM Benzinga
about 28 days ago by earningscast
May 02, 5:04PM Street Insider
Apr 30, 8:02PM Thomson Reuters ONE
Apr 25, 8:02AM Thomson Reuters ONE
Feb 06, 4:32PM Thomson Reuters ONE
about 119 days ago by SMLogic
about 119 days ago by trending123
Feb 01, 4:11PM Thomson Reuters ONE
Jan 25, 8:03AM Thomson Reuters ONE
about 141 days ago by SteviniP
about 185 days ago by DarvasTrader
about 188 days ago by txbondman
about 199 days ago by MarketBrief
Oct 26, 8:00AM Thomson Reuters ONE
about 220 days ago by fallondpicks
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SWM | 66.82 | +0.17 | +0.26% | 1.062B |
| SRLS | 4.01 | +0.00 | +0.00% | 80.64M |
| SRI | 7.02 | +0.07 | +1.01% | 195.50M |
| SREV | 12.00 | -0.04 | -0.33% | 891.92M |
| SRE | 65.39 | +0.84 | +1.30% | 15.54B |
| SRDX | 13.85 | -0.10 | -0.72% | 244.68M |
| SRCE | 21.42 | +0.20 | +0.94% | 536.44M |
| SR | 0.675 | -0.00 | -0.72% | 20.36M |
| SQQQ | 52.99 | -0.07 | -0.13% | |
| SQNS | 2.16 | -0.01 | -0.46% | 75.23M |
