Thomson Reuters Corporation (TRI)
Thomson Reuters Corporation Beta: 0.8788
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TRI Beta Range, Past 5 Years
| Minimum | 0.8126 | Apr 2011 |
| Maximum | 0.8824 | Dec 2011 |
| Average | 0.8571 |
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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TRI News
Jun 01, 12:46PM Marketwire
May 31, 12:52PM Thomson Reuters ONE
May 23, 2:30PM Street Insider
May 22, 9:02AM Thomson Reuters ONE
about 12 days ago by azendrian
May 14, 6:19AM Thomson Reuters ONE
May 09, 7:22AM Thomson Reuters ONE
about 24 days ago by krupy113
May 08, 8:32AM Thomson Reuters ONE
about 25 days ago by jackdamn
May 07, 3:55PM Thomson Reuters ONE
May 07, 3:36PM Thomson Reuters ONE
about 25 days ago by krupy113
about 28 days ago by jackdamn
about 29 days ago by jackdamn
about 30 days ago by jackdamn
May 01, 1:30PM Seeking Alpha
about 31 days ago by TMXmoney
about 32 days ago by earningscast
about 32 days ago by hertcapital
about 32 days ago by jackdamn
about 35 days ago by jackdamn
about 37 days ago by jackdamn
about 38 days ago by TheOxenGroup
about 42 days ago by Stevez1
about 43 days ago by jackdamn
about 44 days ago by jackdamn
about 45 days ago by jackdamn
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TRI | 26.98 | -0.49 | -1.80% | 22.75B |
| TRAK | 25.73 | -1.57 | -5.75% | 1.145B |
| TR | 21.98 | -0.37 | -1.66% | 1.320B |
| TQQQ | 41.84 | -3.70 | -8.12% | |
| TQNT | 5.11 | -0.10 | -1.92% | 866.53M |
| TPZ | 23.66 | -0.36 | -1.50% | |
| TPX | 43.15 | -3.06 | -6.62% | 2.957B |
| TPLM | 4.84 | -0.26 | -5.10% | 220.78M |
| TPL | 57.00 | -0.22 | -0.38% | 531.57M |
| TPI | 0.5149 | +0.03 | +7.27% | 15.14M |
