NBT Bancorp Beta

NBTB -- USA Stock  

USD 37.80  0.54  1.45%

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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.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis
NBT Bancorp Beta  =
0.92
NBT Bancorp ValuationFundamentalsBuy or Sell

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.
Compare to competition
Accumulated Other Comprehensive Income
In accordance with recently published financial statements NBT Bancorp has Beta of 0.92. This is 12.2% higher than that of the Financial Services sector, and 13.21% lower than that of Banks - Regional - US industry, The Beta for all stocks is 713.33% lower than the firm.

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NBT Bancorp Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Blackrock IncCommon Shares6.4 M229.9 M
Vanguard Group IncCommon Shares4.5 M162.5 M
Dimensional Fund Advisors LpCommon Shares2.2 M77.5 M
Macquarie Group LtdCommon Shares1.5 M53.7 M
State Street CorpCommon Shares1.2 M44.9 M
Northern Trust CorpCommon Shares1.1 M38.9 M
Bank Of New York Mellon CorpCommon Shares654.5 K23.6 M
NBT Bancorp returns are very sensitive to returns on the market. As market goes up or down, NBT Bancorp is expected to follow.

NBT Bancorp current financial ratios



 
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