With the explosion of online investing tools there are many betas being reported by different organizations. looking at Costco, look up the betas reported by 4 companies:
1. Yahoo Finance (finance.yahoo.com), under key statistics
2. Google (google.com/finance) and
3. CNN Money (money.cnn.com)
4. Value line (access the UMass Global Library: http://www1.chapman.edu/library/centers/index.html
Go to UMass Global Library:
http://www1.chapman.edu/library/
Down at the bottom – under Database, select title, and enter.
On the left under refine search , select V from the drop down, then select Value line
Hit “connect” once you find it. Enter your stock symbol in the upper right and you can get the beta.
Report all 4 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?.
Hit “connect” once you find it. Enter your stock symbol in the upper right and you can get the beta.
Report all 4 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 in week 5, many of you may not be able to find the beta for your company using the CNN Money website. This is common as CNN often times does not report betas. If your company’s beta is not listed on CNN, just use the other three websites to compare. You will not be docked any points should you not report a beta from CNN Money. )
