TICKER<Equity> DES <Go> displays a company’s description page, including beta (see, eg: BLK <Equity> DES <Go>, the DES page for BlackRock, Inc., below).
ValueLine Investment Survey
These investment surveys are available from the Value Line Research Center Online database on the Pardee Library’s Business Databases: A-Z list. To search for the Value Line Investment Surveys for companies, go to Stocks – Premium Content – Lookup Company and search by company, industry or ticker symbol.
To find a stock’s beta using Yahoo! Finance, input the stock’s ticker symbol and click on the “Key Statistics” link from the left hand tool bar. Beta will appear on the right hand side of the Key Statistics page.
TICKER <Equity> BETA <Go> retrieves the company’s beta page (see, eg: BLK <Equity> BETA <GO>, below).
The Center for Research in Security Prices (CRSP) database, available through Wharton Research Data Services (WRDS), may be used to obtain year-end, daily beta. Instructions follow – to get a WRDS password, click here.
1. After signing on to WRDS, click on the “CRSP” link on the left.
2. From the main CRSP page, click “Indices / Deciles: Portfolio Assignments” on the left.
3. Click “Year-End Beta Daily – NYSE/AMEX.”
4.Choose a date range and enter your stock’s ticker symbol.
5. Choose the variables you want displayed in your search result – at minimum, beta value and DATE.
6. Choose an output format, and hit search.
BETA & CAPM
For more information about beta and asset pricing see:
Falkenstein, Finding alpha : the search for alpha when risk and return break down (Pardee, HG4521 .F35, 2009)
Handbook of the economics of finance (Pardee, HG173 .H345, 2003)
Cochrane, Asset pricing (Pardee, HG4636 .C56, 2001)
Black and Scholes. The Pricing of Options & Corporate Liabilites, Journal of Political Economy; May/Jun 73, Vol. 81 Issue 3, p637
Fama and French. The Cross-Section of Expected Stock Returns, Journal of Finance; Jun 92, Vol. 47 Issue 2, p427-465