L&L Energy, Inc. LLEN

beta

[brotherM1]

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

[brotherM1]

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

[Tjpsimone]

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

[chsharpei]

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

[chsharpei]

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

[lutherpstr]

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