Enter this command to look up the beta of a stock:
{ticker symbol} BETA
Example: The following screenshot shows the result for the beta of Goldman Sachs.
GS BETA
The graph above shows the regression plotted. The independent variable (the index) is on the x-axis and the dependent variable (the stock price) is on the y-axis. The latest observation is shown by a flashing red dot.
The beta is leveraged if the firm has had long-term debt on its balance sheet for the past two fiscal years. You can check to see if the firm has long-term debt by using the command:
{ticker symbol} DES9
Bloomberg reports both the Adjusted Beta and Raw Beta. The adjusted beta is an estimate of a security's future beta. It uses the historical data of the stock, but assumes that a security’s beta moves toward the market average over time. It weights the historic raw beta and the market beta. The formula is as follows:
Available in the Cutler Center only.
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Alpha:
The point of intersection with the y-axis.
R2:
The coefficient of determination (r-squared). This is the percentage (in decimal form) or variance in the dependent variable (the stock) that can be explained by the independent variable (the index).
Standard Deviation of Error:
The degree to which an individual probability value varies from the distribution mean.
Standard Error of Beta:
A 67% confidence level (or one standard deviation from the mean) that this: Actual Beta = Raw Beta +/- the standard error
Number of Points:
Indicates the number of observations used to calculate beta (the more, the better).