The Bancorp (TBBK)
The Bancorp Beta: 1.555
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TBBK Beta Range, Past 5 Years
| Minimum | -0.2815 | Jun 2007 |
| Maximum | 1.726 | Mar 2010 |
| Average | 1.263 |
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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TBBK News
about 6 days ago by redapple
May 07, 3:00PM Business Wire
May 01, 9:00AM Business Wire
Apr 25, 12:30PM Seeking Alpha
about 38 days ago by earningscast
Apr 09, 10:30AM Business Wire
about 78 days ago by freeswingtrades
about 78 days ago by RecogniaEvents
Mar 13, 12:00PM Business Wire
Mar 13, 8:00AM Business Wire
Mar 12, 12:00PM Business Wire
Mar 05, 4:52AM Benzinga
about 91 days ago by RecogniaEvents
Feb 02, 9:55AM Business Wire
Jan 24, 11:23AM Seeking Alpha
about 130 days ago by earningscast
about 194 days ago by harmongreg
about 270 days ago by STNet
about 270 days ago by harmongreg
about 272 days ago by harmongreg
about 341 days ago by StockTwits
about 341 days ago by harmongreg
about 343 days ago by harmongreg
about 349 days ago by Legacy_Trades
about 456 days ago by Schooz71
about 539 days ago by TradeIdeas1
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TBBK | 8.66 | -0.43 | -4.73% | 300.88M |
| TAYC | 14.11 | -0.77 | -5.17% | 423.04M |
| TAXI | 10.33 | +0.01 | +0.10% | 182.87M |
| TAST | 5.85 | -0.25 | -4.10% | 141.28M |
| TAP | 38.33 | -0.12 | -0.31% | 6.087B |
| TAOM | 4.63 | -0.14 | -2.94% | 173.72M |
| TAO | 16.34 | -0.40 | -2.37% | |
| TAN | 17.04 | -0.54 | -3.07% | |
| TAM | 21.17 | -0.57 | -2.62% | 2.182B |
| SRZ | 5.68 | -0.34 | -5.65% | 347.96M |