TDY has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TDY has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Teledyne Technologies's Beta is 0.94.
The historical data trend for Teledyne Technologies's Beta can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Teledyne Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Beta | Get a 7-Day Free Trial | 1.19 | 1.05 | 1.10 | 1.06 | 1.03 |
Teledyne Technologies Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Beta | Get a 7-Day Free Trial | 1.11 | 1.03 | 0.96 | 0.96 | 0.94 |
For the Scientific & Technical Instruments subindustry, Teledyne Technologies's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, Teledyne Technologies's Beta distribution charts can be found below:
* The bar in red indicates where Teledyne Technologies's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Teledyne Technologies (NYSE:TDY) Beta Explanation
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
Thank you for viewing the detailed overview of Teledyne Technologies's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Mehrabian | officer: Chairman, Pres. & CEO | C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Melanie Susan Cibik | officer: Sr. VP, General Counsel & Sec. | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Von Schack Wesley W | director | ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287 |
Jason Vanwees | officer: VP, Strategy, Mergers & Acq. | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Simon M Lorne | director | 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103 |
Charles Crocker | director | ONE POST ST, STE 2500, SAN FRANCISCO CA 94104 |
Michael T Smith | director | 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431 |
Kenneth C Dahlberg | director | SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121 |
Sue Main | officer: VP & Controller | TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Jane Cecile Sherburne | director | ONE WALL STREET, NEW YORK NY 10286 |
Stephen Finis Blackwood | officer: Senior VP & Treasurer | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Bobb George C Iii | officer: See Remarks | 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Cynthia Y Belak | officer: Vice President and Controller | 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
Vincent J Morales | director | PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272 |
Aldo Pichelli | officer: Segment President & COO | TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360 |
From GuruFocus
By Business Wire • 10-15-2024
By GuruFocus News • 11-14-2024
By Business Wire • 08-23-2024
By Business Wire • 11-11-2024
By Business Wire • 09-09-2024
By GuruFocus News • 11-12-2024
By Business Wire • 10-16-2024
By GuruFocus News • 10-23-2024
By GuruFocus News • 12-03-2024
By Business Wire • 09-24-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.