NBT Bancorp Beta

NBTB -- USA Stock  

USD 36.79  0.13  0.00%

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NBT Bancorp Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
NBT Bancorp 
Beta 
 = 
Covariance 
Variance 
 = 
0.96

NBT Bancorp Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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Accumulated Other Comprehensive Income
In accordance with recently published financial statements NBT Bancorp has Beta of 0.96. This is much higher than that of the Financial Services sector, and significantly higher than that of Banks - Regional - US industry, The Beta for all stocks is notably lower than the firm.

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NBT Bancorp Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Peoples Financial Services CorpCommon Shares130 K4.5 M
Fenimore Asset Management IncCommon Shares35.1 K1.2 M
Nisa Investment Advisors LlcCommon Shares18.8 K650 K
Louisiana State Employees Retirement SystemCommon Shares16.4 K566 K
State Of Alaska Department Of RevenueCommon Shares14.6 K504 K
Sheets Smith Wealth ManagementCommon Shares7.1 K247 K
Qci Asset Management IncCommon Shares6.2 K214 K
Simplex Trading LlcCall Options20.069 K
NBT Bancorp returns are very sensitive to returns on the market. As market goes up or down, NBT Bancorp is expected to follow.


 
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