Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The broad market was down almost 2% today, and Tesla is a higher alpha stock.


Do 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


Yes beta, and surprising on the actual beta. It seems my assumption was wrong.


"After hours" effect is mostly from the earnings report


Most 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%.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: