Value Line (VALU)
Value Line Beta: 0.1664
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VALU Beta Range, Past 5 Years
| Minimum | -0.3867 | Oct 2007 |
| Maximum | 0.3147 | Sep 2008 |
| Average | 0.0285 |
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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VALU News
Apr 19, 4:51PM Business Wire
about 66 days ago by ChartistFriendfromPgh
Mar 05, 7:07PM Business Wire
Jan 19, 4:47PM Street Insider
Jan 19, 4:46PM Business Wire
Jan 18, 3:28PM Business Wire
Dec 09, 5:58PM Business Wire
Oct 21, 6:13PM Business Wire
about 312 days ago by rob_zim
Jul 15, 4:14PM Business Wire
about 431 days ago by frankvoisin
about 538 days ago by BlueyHuey
about 572 days ago by StockTiger
about 581 days ago by Tieler
about 585 days ago by MagicDiligence
about 596 days ago by researchpuzzler
about 597 days ago by researchpuzzler
about 597 days ago by biggercapital
about 597 days ago by researchpuzzler
about 597 days ago by ARupdates
about 597 days ago by researchpuzzler
about 601 days ago by BlueyHuey
about 602 days ago by BlueyHuey
about 602 days ago by BlueyHuey
about 602 days ago by BlueyHuey
about 613 days ago by BlueyHuey
about 615 days ago by BlueyHuey
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VALU | 12.25 | +0.08 | +0.66% | 121.28M |
| VALE | 18.31 | -0.12 | -0.65% | 58.04B |
| VAL | 48.21 | -0.33 | -0.68% | 4.489B |
| V | 115.20 | -2.29 | -1.95% | 93.67B |
| UYM | 29.98 | -0.55 | -1.80% | |
| UXG | 5.74 | -0.01 | -0.17% | |
| UWN | 1.14 | +0.00 | +0.00% | 18.11M |
| UUU | 5.02 | -0.08 | -1.57% | 11.80M |
| UTX | 74.11 | +0.37 | +0.50% | 67.45B |
| UTSI | 1.24 | +0.01 | +0.81% | 192.68M |
