Monkey Throw Dart: You Beta Like Volatility

Thursday, June 10, 2010

You Beta Like Volatility

Here's a short list of some of the high beta stocks that run quickly and can pay off big if you happen to be on the right side of the trade. Each of these has a beta of between 4.3 and 6.3. That's some high beta!


...............................................DailyPrice Swing
PIR, Pier1 .......................................3.5%
SCSS, SelectComfort.................... 3.2%
MGM, MGM Mirage, Inc............ 2.9%
GFRE, Gulf Resources, Inc......... 2.8%
LVS, Las Vegas Sands................. 2.7%
DAN, Dana Holding...................... 2.6%
RT, Ruby Tuesday........................ 2.4%


I replaced the beta with the average daily percent price change over the last three months. The percentages in the right column are averages which means that these guys move big-time with some momentum behind them. So, take your best oscillator and hook 'em up with some of these 'excitable' stocks and watch the action.