Standard & Poor's is dead wrong.
So let's see, in one day, you've overridden Moody's bond rating system, corrected S&P on financial terminology, and declared a major financial website at least partially useless. Not bad for a day's work, eh?
Market Guide goes as far back as five years in calculating beta
This explains why their numbers are next to useless.
Out of curiosity, what time frame would you consider to be useful? Let's see... stocksheet.com gives a 36 month beta of 0.87. Is that more to your liking? Perhaps you would prefer shorter still? One year? Market Edge gives a beta of 1.04 for that period. Shorter still? Six months? One month? One day??? And in any case, what source would you cite as a reliable recorder of beta and/or volatility, for those of us not knowledgeable enough to bang it out on our pocket calculators?
Oh, and one more thing, what was your point about volatility in the first place? |
