I was looking at Chipotle's. I was wondering how it was doing after its recent scare with the contamination they had around Christmas, the free Burrito giveaways and the coupons they have been passing out. The stock has taken off. It was up $11 yesterday and up $9 so far today. Much of it has to do with an upgraded rating yesterday. But why is its BETA only .30 ? Last year CMG was at 758 and now it is at 466. The BETA is a formula that is determined among other things, price movements among the stock. But it seems like it should be significantly higher. A BETA of 1 is average. Less than one suggests it has less than average volatility and risk. Usually, that zone is reserved for utilities and blue chips. I don't check BETAS of every stock I look at, but I don't even remember ever seeing a BETA of .30. A quick check says that Yahoo is 2.16, GE is 1.26 and Exxon is .90. It seems like CMG's BETA is way out of line. It seems that they should be much higher, well above 1 based on their drop in the 52 week high, drop in sales and recent problems related to sanitation and disease. How often is BETA recalculated ? Is it done daily or at the end of each quarter ? How do you type the BETA symbol? I tried ctrl G plus B b ...but it did not work. But every gg on the page was highlighted yellow. Any ideas ? https://finance.yahoo.com/echarts?s=CMG+Interactive#{"showSma":true,"smaColors":"#cc0000","smaPeriods":"50","smaWidths":"1","smaGhosting":"0","showRsi":true,"range":"3mo","allowChartStacking":true} ------ The stock market goes up and down everyday. But it's been going up, more than down lately. I looked at the S & P 500 chart and the 50 day average is moving up to meet the 200 day average. If the 50 day average is moving up and the S&P 500 is higher now than it has been all year, then why is the 200 day average moving down ? When the two cross on the graph and the 50 day average is still moving up does that suggest that there will be a continued trend upward ? https://finance.yahoo.com/echarts?s=SPY+Interactive#{"showSma":true,"smaColors":"#0000ff,#cc0000","smaPeriods":"200,50","smaWidths":"2,2","smaGhosting":"0,0","showRsi":true,"rsiLineWidth":"2","range":"3mo","allowChartStacking":true} http://research.investors.com/stock-charts/nyse-spdr-sandp-500-spy.htm?cht=pvc&type=daily Thanks !
a simple google could have solved your question ... https://www.google.be/webhp?sourcei...pv=2&ie=UTF-8#q=google+beta+stock+calculation http://quant.stackexchange.com/questions/15797/how-does-yahoo-finance-calculate-beta
I did not know there were different ways of determining Beta. It seems like it should be standardized. But a company has had as much turmoil as CMG should have a much higher beta than .30. It went up $13 today and the Beta went down to .2994. I don't recall every seeing one this low.
The links? So, when the 50 day SMA and the 200 day SMA meet on the same line is it generally an indication that there will be greater movement in the direction of the 50 day line ?