Washington Real Estate Investment (WRE)
Washington Real Estate Investment Beta: 1.077
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WRE Beta Range, Past 5 Years
| Minimum | 0.4469 | Jul 2007 |
| Maximum | 1.386 | Feb 2009 |
| Average | 1.122 |
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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WRE News
May 24, 4:56PM Seeking Alpha
May 07, 4:35PM Business Wire
Apr 27, 5:41PM Seeking Alpha
Apr 26, 4:42PM Business Wire
Apr 25, 4:10PM Business Wire
about 59 days ago by MarketBrief
about 81 days ago by reuvenohr
about 81 days ago by BaselineAce
about 104 days ago by BaselineAce
Feb 17, 5:16PM Seeking Alpha
Feb 15, 4:30PM Business Wire
about 130 days ago by goodbuygurl
Jan 17, 8:25PM Business Wire
Jan 12, 7:54AM Street Insider
Nov 30, 4:13PM FlyOnTheWall
about 263 days ago by DynamicDividend
about 303 days ago by DynamicDividend
about 372 days ago by traderyork
about 400 days ago by Benzinga
about 631 days ago by dividata
about 952 days ago by jhains2
about 969 days ago by SnoopyJC
about 983 days ago by needcaffeine
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WRE | 28.14 | +0.15 | +0.54% | 1.865B |
| WLP | 67.39 | -0.65 | -0.96% | 22.56B |
| WLL | 43.21 | -0.78 | -1.77% | 5.076B |
| WLK | 54.49 | -0.72 | -1.30% | 3.629B |
| WLFC | 12.74 | +0.00 | +0.00% | 116.70M |
| WLDN | 1.82 | -0.08 | -4.21% | 13.23M |
| WLB | 7.48 | +0.19 | +2.61% | 103.82M |
| WIW | 12.98 | +0.01 | +0.08% | |
| WIT | 8.60 | -0.04 | -0.46% | 21.12B |
| WBSN | 18.58 | +0.08 | +0.43% | 700.28M |