Companies that have historically shown low volatility and stable performance over time, relative to the market and/or their industry sector. The Stability factor comprises the following sub-factors:
Volatility
- Calculated as the annualized standard deviation of daily returns over the past year. In general a high volatility number suggests higher riskiness.
Beta
- Beta is a measure of a company's common stock price volatility relative to the market. Reuters Beta is the slope of the 60 month regression line of the percentage price change of the stock relative to the percentage price change of the local index. Beta values are not calculated if less than 40 months of pricing is available. in general a high Beta suggests higher riskiness.
Leverage
- Average Total Asset of the most recent fiscal year divided by the average total equity for the same period. In general a high Leverage ratio suggests higher risk.
Liquidity (Volume)
- Calculated as the total number of shares traded during one month divided by shares outstanding. The higher the share turnover, the more liquid are company shares.
Market Capitalization (USD)
- The current price multiplied by the current number of Shares Outstanding.