Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

Metals & Mining Industrial Metals & Minerals

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

Add To Watchlist

OTCPK:LLEN - Post Discussion

L&L Energy, Inc. > beta

View:

Post by brotherM1 on Feb 28, 2013 1:25pm

beta

Stockhouse lists the beta as -.45 I did not know it was possible to have a negative beta, but I guess it is with L and L. LOL

Comment

Comment by brotherM1 on Feb 28, 2013 1:31pm

correction: it is Google finance that lists the beta as -.45 (not Stockhouse). NASDAQ lists it as .11

Comment

Comment by Tjpsimone on Feb 28, 2013 3:46pm

Unfortunately, since the market has been going up, and LLEN is going down, the correlation is negative. "Beta can also be negative, meaning the stock's returns tend to move in the opposite direction of the market's returns. A stock with a beta of -3 would see its return decline 9% (on average) when the market's return goes up 3%, and would see its return climb 9% (on average) if ...more

Comment

Comment by chsharpei on Feb 28, 2013 6:40pm

According to Finviz: Beta 1.77 Thanks for explaining, TJ. Sharpei

Comment

Comment by chsharpei on Feb 28, 2013 6:47pm

Nasdaq: 'The measure of an asset's risk in relation to the market (for example, the S&P500) or to an alternative benchmark or factors. Roughly speaking, a security with a beta of 1.5, will have move, on average, 1.5 times the market return. [More precisely, that stock's excess return (over and above a short ...more

Comment