El Beta de Chamberlin plc es 0.24
BETA indica si una acción es más o menos volátil que el mercado en su conjunto. Una beta inferior a 1 indica que el stock es menos volátil que el mercado, mientras que una beta más de 1 indica que el stock es más volátil. La volatilidad se mide como la fluctuación del precio alrededor de la media.
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.
Chamberlin plc, together with its subsidiaries, manufactures and sells iron castings and engineered products in the United Kingdom. It operates through two segments, Foundries and Engineering. The Foundries segment supplies light castings and components primarily for automotive and hydraulic industries; and heavy castings for use in industrial applications, such as power generation, steel production, railways, and construction. The Engineering segment manufactures and sells lighting products for use in hazardous areas, including petrochemical production facilities; and a range of control gears and electrical installation products. Chamberlin plc also exports its products to Europe, the United States, the Middle East, and Asia. The company was formerly known as Chamberlin & Hill and changed its name to Chamberlin plc in 2007. Chamberlin plc was founded in 1890 and is headquartered in Walsall, the United Kingdom.