United Therapeutics Corporation (UTHR)
United Therapeutics Corporation Beta: 0.7915
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UTHR Beta Range, Past 5 Years
| Minimum | -0.0533 | Dec 2007 |
| Maximum | 1.161 | Nov 2008 |
| Average | 0.5787 |
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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UTHR News
about 30 days ago by TradeIdeasQuant
about 30 days ago by hedgefundhell
about 33 days ago by biostock
Apr 26, 7:40PM Seeking Alpha
Apr 26, 6:00AM PR Newswire
Apr 24, 3:44AM Benzinga
about 47 days ago by TrendExhaustion
Apr 12, 7:43AM Street Insider
about 62 days ago by MagicDiligence
about 79 days ago by MilionCapital
Mar 15, 7:02AM Benzinga
about 86 days ago by MagicDiligence
Feb 21, 7:13AM Street Insider
Feb 14, 11:39AM Benzinga
Feb 14, 11:38AM Seeking Alpha
Feb 14, 8:57AM Benzinga
Feb 14, 7:02AM Street Insider
Feb 14, 7:00AM PR Newswire
about 115 days ago by MarketBrief
Feb 07, 10:38AM Street Insider
about 116 days ago by MarketBrief
about 122 days ago by gig777
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| UTHR | 43.01 | -1.23 | -2.78% | 2.373B |
| UTG | 25.75 | -0.05 | -0.19% | |
| UTEK | 29.07 | -1.25 | -4.12% | 791.66M |
| UTA | 3.96 | +0.00 | +0.00% | 78.80M |
| USU | 0.7299 | +0.01 | +1.07% | 88.16M |
| USTR | 25.01 | -0.24 | -0.95% | 1.069B |
| USHS | 8.07 | -0.50 | -5.83% | 62.13M |
| USG | 13.96 | -1.46 | -9.47% | 1.624B |
| USEG | 2.22 | -0.03 | -1.33% | 61.76M |
| USD | 31.35 | -2.27 | -6.75% |
