Company Share Price and Beta
- 02:30
Finding and extracting company share price and beta in FactSet.
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Transcript
Company Share Price and Beta. Here I'm at the company snapshot screen for Apple and I want to take a look at the price information that I can get for Apple. So I'm gonna click on Prices, and I'm gonna click on Price Summary. And there's a few useful pieces of information here. You've got the latest price at the very top. Then we've got the shares outstanding the market capitalization, and the volume weighted average share price and the previous closing price, which is what you'd use for comps analysis. And if I scroll further down, you've got the 52 week share price, high and low range. And if I scroll further down, we've got the beta calculations, showing this metric for the last 90 days, 52 weeks, 3 years, and 5 years. The beta is provided first on a raw basis, reflecting simple regression analysis, and then also the adjusted beta, which includes a statistical adjustment using the Bloom method. Then you have the unlevered beta, that's the industry beta, at the bottom. Here you can see we also have a share price chart, and I can download that particular chart. I can also change the timeframe from year to date, to the last six months, the last three months, and the last month. If I look on the left sidebar, I can choose price history which shows a more detailed chart, which again I could download to Excel, and I can either download that to a new spreadsheet, or as a PDF.
If I scroll down further, you can see I have the underlying data below the chart, and this is all the price and volume information for the company shares. I can change the start date for this. At the moment the data starts five years ago, but I could choose for the data to start one year ago. Also, I can change the frequency of the data. At the moment, this is showing daily, but I could choose weekly, and I can also choose different currencies here as well. If I wanted to download the full data set, I can just click on this icon at the very top here. This allows me to download, and then manipulate the information. So we've got some very granular historical price information here, and the price summary which provides the current market capitalization and the betas, which I can use for calculating the company's cost of equity.