News for hackers. Stuff that matters.

A comment on Tesla Delivers Record 97,000 Vehicles in Q3. Parent comment

Re:Tesla Delivers Record 97,000 Vehicles in Q3 by dv_dt on Wednesday October 02, 2019 @04:50PM (#21140596)
The broad market was down almost 2% today, and Tesla is a higher alpha stock.
[ Parent | on HN ]
Re:Tesla Delivers Record 97,000 Vehicles in Q3 by kpommerenke on Wednesday October 02, 2019 @05:33PM (#21140982)
Do you mean that Tesla is a higher beta stock? According to Yahoo Finance, its beta is actually only 0.33. Source: https://finance.yahoo.com/quote/TSLA/key-statistics?p=TSLA
[ Parent | on HN ]
Re:Tesla Delivers Record 97,000 Vehicles in Q3 by dv_dt on Wednesday October 02, 2019 @05:54PM (#21141167)
Yes beta, and surprising on the actual beta. It seems my assumption was wrong.
[ Parent | on HN ]
Re:Tesla Delivers Record 97,000 Vehicles in Q3 by mandeepj on Wednesday October 02, 2019 @04:52PM (#21140611)
"After hours" effect is mostly from the earnings report
[ Parent | on HN ]
Re:Tesla Delivers Record 97,000 Vehicles in Q3 by cma on Wednesday October 02, 2019 @05:13PM (#21140789)
Most of the move was after hours when this report was released. Tesla was only down .6% during the day, despite the higher alpha and the market being down 2%.
[ Parent | on HN ]