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The broad market was down almost 2% today, and Tesla is a higher alpha stock.
by dv_dt 7y ago
The broad market was down almost 2% today, and Tesla is a higher alpha stock.
- mandeepj 7y ago"After hours" effect is mostly from the earnings report
- cma 7y agoMost of the move was after hours when this report was released. Tesla was only down .6% during the day, despite the higher alpha and the market being down 2%.
- kpommerenke 7y agoDo you mean that Tesla is a higher beta stock? According to Yahoo Finance, its beta is actually only 0.33. Source: https://finance.yahoo.com/quote/TSLA/key-statistics?p=TSLA https://finance.yahoo.com/quote/TSLA/key-statistics?p=TSLA
- dv_dt 7y agoYes beta, and surprising on the actual beta. It seems my assumption was wrong.