Question
With the explosion of online investing tools there are many betas being reported by different organizations. Using your stock XOM - Exxon Mobil Corporation ,
With the explosion of online investing tools there are many betas being reported by different organizations. Using your stock XOM - Exxon Mobil Corporation, look up the betas reported by 3 companies:
1. Yahoo Finance (finance.yahoo.com), under key statistics
2.Google (google.com/finance) and
3. CNN Money (money.cnn.com)
Report all 3 back here by saying which one came from which Beta search tool.Why do you think they are different?Explain your reasoning- is it the Beta search, the company or anything else?
(Note:For the Beta discussion many of you may not be able to find the beta for your company using the CNN Money website.
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