Sprint Beta

S -- USA Stock  

USD 6.12  0.07  1.13%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools

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.

Sprint 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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Sprint Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Sprint Corporation has Beta of 1.09. This is much higher than that of the Communication Services sector, and significantly higher than that of Telecom Services industry, The Beta for all stocks is over 1000% lower than the firm.

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Sprint Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Blackrock IncCommon Shares36 M235.7 M
State Street CorpCommon Shares14.5 M94.7 M
Alpine Associates Management IncCommon Shares7.2 M47.1 M
Scout Investments IncCommon Shares6.2 M40.3 M
Bank Of New York Mellon CorpCommon Shares3.9 M25.3 M
Gabelli Funds LlcCommon Shares3.3 M21.6 M
State Of New Jersey Common Pension Fund DCommon Shares3.2 M20.9 M
Sprint returns are very sensitive to returns on the market. As market goes up or down, Sprint is expected to follow.

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