Question
Find VISA's Beta Once you have completed your research, please submit your company's beta and a brief interpretation of that beta (that is, does it
Find VISA's Beta
Once you have completed your research, please submit your company's beta and a brief interpretation of that beta (that is, does it indicate that your selected stock is more or less risky than the market in general) in this DB forum.
directions on how to find BETA
Lets take the example of JP Morgan Chase (which no student chose.) A good place to look for your companys beta is on Yahoo Finance which is I like as the best free source of market information.
Once you are on the site, in the upper lefthand area where it asks Enter Symbol. If you are not certain of the symbol (ticker) same thing you begin by typing the name JP Morgan Chase and it will appear below and you will see that the symbol or ticker is JPM. Click on that and a screen will appear with not only the days trading information for JPM but also some additional high-level information and this includes the beta. Here you will see that JPMs beta is 1.20x. Thats interpreted as being somewhat risky and we know that JPM Chase, as a large financial institution that was impacted by the financial crisis and also had a very large trading-related loss about three years ago, and therefore continues to be considered a rather risky investment today.
So, your assignment will be to research the beta of your selected stock and submit the beta and a brief interpretation of the resulting number.
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