XC-Obtaining Beta

XC-Obtaining Beta - JaredLindenberg Kiss0701...

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Jared Lindenberg OFFSET($B$1,MATCH Kiss - 0701  Extra Credit - Obtaining Beta Flowserve Corp Information obtained from Daileyfinance.com Year Month Stock Returns Index Returns Calculated Beta 2006 Jan N/A 2.65% Feb N/A 0.27% Mar N/A 1.24% Apr 1.40% 1.34% 1.55 May -7.54% -2.88% Jun 7.00% 0.14% Jul -8.95% 0.62% Aug -1.26% 2.38% Sep -1.07% 2.58% Oct 4.76% 3.26% Nov 1.58% 1.90% Dec -6.25% 1.40% 2007 Jan 5.15% 1.51% Feb -2.21% -1.96% Mar 10.21% 1.12% Apr 6.68% 4.43% May 13.77% 3.49% Jun 3.16% -1.66% Jul 0.94% -3.10% Aug -1.18% 1.50% Sep 6.68% 3.74% Oct 3.65% 1.59% Nov 19.16% -4.18% Dec 2.24% -0.69% 2008 Jan -14.64% -6.00% Feb 32.63% -3.25% Mar -4.14% -0.43% Apr 18.88% 4.87% May 11.63% 1.30% Jun -1.30% -8.43% Jul -2.45% -0.84% Aug -0.90% 1.45% Sep -32.80% -8.91% Oct -35.87% -16.79% Nov -11.57% -7.18% The calculated beta for Flows Finance, Reuter's , and MSN M slightly above the given Betas This is most likely because the risk associated with Flowserve
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Dec 2.32% 1.06% 2009 Jan 3.51% -8.43% Feb -5.32% -10.65% Mar 11.19% 8.76% Apr 20.99% 9.57% May 8.35% 5.59% Jun -5.10% 0.20% Jul 15.70% 7.56% Aug 6.78% 3.61% Sep 14.25% 3.73% Oct -0.32% -1.86% Nov 1.27% 6.00% Dec -4.95% 1.93% 2010 Jan -4.60% -3.70% Feb 11.00% 2.90% Mar 10.17% 5.80% Apr 3.91% 1.50% May -16.99% -8.20% Jun -10.82% -5.40% Jul 16.93% 6.90% Aug -9.85% -4.70% Sep 22.42% 8.80% Oct -8.60% 3.70% Nov 5.46% -0.20% Dec 13.05% 6.50%
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H($B$16,B1:B16,0)-1,0) Google Finance Beta Reuter's Beta MSN Money Beta 1.54 1.53 1.53 serve Corp seems to be inline with the betas obtained from Google oney. The calculated beta of 1.546 (rounded up to 1.55) is very s of 1.54, 1.53, and 1.53, which provides for a very narrow range. e major financial services have been able to properly measure the e's stock returns.
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MONTH OF PRICE PRICE 1 MONTH 3 MONTH 6 MONTH 1 YEAR 2 YEAR CLOSE CHANGE % CHANGE % CHANGE % CHANGE % CHANGE % CHANGE 10/2009 1036.19 -20.88 -1.98% 4.93% 18.72% 6.96% -33.12% 09/2009 1057.08 36.45 3.57% 14.98% 32.49% -9.37% -30.76% 08/2009 1020.62 33.14 3.36% 11.04% 38.84% -20.44% -30.76% 07/2009 987.48 68.16 7.41% 13.14% 19.57% -22.08% -32.14% 06/2009 919.32 0.18 0.02% 15.22% 1.78% -28.18% -38.85% 05/2009 919.14 46.33 5.31% 25.04% 2.56% -34.36% -39.95% 04/2009 872.81 74.94 9.39% 5.68% -9.90% -37.01% -41.12% 03/2009 797.87 62.77 8.54% -11.67% -31.59% -39.68% -43.85% 02/2009 735.09 -90.79 -10.99% -17.98% -42.70% -44.76% -47.75% 01/2009 825.88 -77.37 -8.57% -14.75% -34.84% -40.09% -42.58% 12/2008 903.25 7.02 0.78% -22.56% -29.43% -38.49% -36.31% 11/2008 896.24 -72.52 -7.49% -30.14% -36.00% -39.49% -36.01% 10/2008 968.75 -197.61 -16.94% -23.56% -30.08% -37.47% -29.70% 09/2008 1166.36 -116.47 -9.08% -8.88% -11.82% -23.60% -12.69% 08/2008 1282.83 15.45 1.22% -8.39% -3.59% -12.97% -1.61% 07/2008 1267.38 -12.62 -0.99% -8.53% -8.06% -12.91% -0.73% 06/2008 1280.00 -120.38 -8.60% -3.23% -12.83% -14.86% 0.77% 05/2008 1400.38 14.79 1.07% 5.24% -5.45% -8.51% 10.26% 04/2008 1385.59 62.88 4.75% 0.51% -10.57% -6.53% 5.72% 03/2008 1322.70 -7.93 -0.60% -9.92% -13.36% -6.91% 2.15%
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This note was uploaded on 09/07/2011 for the course BMGT 340 taught by Professor White during the Spring '08 term at Maryland.

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XC-Obtaining Beta - JaredLindenberg Kiss0701...

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