The Riskiest S&P 500 Stocks Today
Purchaser beware: These are 5 of the riskiest stocks in the S&P 500 at the minute, based upon one measure of volatility.
Drowsy consumer staples stocks such as General Mills (GIS) and Campbell Soup (CPB) tend to have the most affordable betas amongst S&P 500 stocks. If the stock’s beta is greater than 1.0, it is usually more than broad market– implying it’s capable of incredible gains on the good days, but legendary crashes when things go south. Related material How Our Favorite ETFs Are Carrying Out Amid Market Volatility Worried About Stock Market Volatility?
Beta is revealed as a decimalized figure, and a reading of 1.0 implies the stock or exchange-traded fund moves perfectly in line with the market. A beta that is lower than 1.0 indicates the stock moves less than the more comprehensive market. Sleepy customer staples stocks such as General Mills (GIS) and Campbell Soup (CPB) tend to have the most affordable betas amongst S&P 500 stocks. If the stock’s beta is greater than 1.0, it is typically more than broad market– suggesting it’s capable of remarkable gains on the great days, however legendary crashes when things go south. Associated content How Our Favorite ETFs Are Performing Amidst Market Volatility Worried About Stock Market Volatility?