RE:RE:What gives?Look at the swing in share price in those 3 years.
From a low of $20 CAD to a high of $40 CAD seems kind of volatile and will get you that BETA.
The good news is with a steady 6.5% and a slight smoothing out this looks like an excellent trading stock unitl news of immenent growth surfaces.
Is there any growth news coming down the pipe here? You know, besides sand. LOL
If they want to get out of this rut they should stop selling NVA and start buying.
Of course short term that helps NVA'a share price not POU's
MaterialsMan wrote: I noticed that POU's BETA is way up there.
Artificial intelligence is having a ball distorting everything.
BETA is supposed to be a measure of volatility.
How can anyone call a stock whose price has been relatively flat for about 3 years volatile?
Not too many conservative investors want in on a stock with a BETA running around 3.