Vascular Solutions (VASC)
Vascular Solutions Beta: 0.1472
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VASC Beta Range, Past 5 Years
| Minimum | -0.147 | Oct 2008 |
| Maximum | 1.486 | Jan 2008 |
| Average | 0.5018 |
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.
Learn More
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VASC News
about 3 days ago by StrongestStocks
May 21, 4:05PM GlobeNewswire
May 10, 4:05PM GlobeNewswire
May 08, 7:29AM Street Insider
May 01, 4:05PM GlobeNewswire
Apr 25, 11:07AM Street Insider
Apr 25, 9:44AM Street Insider
about 38 days ago by earningscast
Apr 24, 4:16PM Street Insider
Apr 10, 4:05PM Business Wire
about 63 days ago by MarketBrief
about 74 days ago by RecogniaEvents
Feb 02, 9:33AM Street Insider
about 121 days ago by wallstreetbean
about 121 days ago by earningscast
Feb 01, 4:20PM Street Insider
Feb 01, 4:05PM GlobeNewswire
Jan 18, 4:05PM Business Wire
about 152 days ago by STNet
Nov 22, 4:15PM GlobeNewswire
Oct 26, 8:45AM Street Insider
Oct 25, 4:40PM Street Insider
about 249 days ago by jasonbgordon
about 605 days ago by OptionRadar
about 642 days ago by OptionRadar
about 716 days ago by OptionRadar
about 737 days ago by ToddinFL
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VASC | 11.10 | -0.28 | -2.46% | 189.14M |
| UWN | 1.14 | +0.00 | +0.00% | 18.11M |
| UWBK | None | None | None | |
| UVV | 44.11 | -1.06 | -2.35% | 1.050B |
| UVSP | 15.45 | -0.57 | -3.56% | 268.34M |
| UVE | 3.60 | +0.10 | +2.86% | 140.42M |
| UUU | 5.02 | -0.08 | -1.57% | 11.80M |
| UDRL | 4.53 | -0.10 | -2.16% | 116.81M |
| UDR | 25.36 | -0.55 | -2.10% | 5.785B |
| UDOW | 42.97 | -3.08 | -6.69% |
