Lakeland Industries, Inc. (LAKE): tell me what the beta is from an OLS reg...

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Lakeland Industries, Inc. (LAKE)

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Re: el jefe78 post# 868

Monday, 12/15/2014 10:51:35 PM

Monday, December 15, 2014 10:51:35 PM

tell me what the beta is from an OLS regression of LAKE returns on market returns, and the beta's t-stat, before claiming that this stock co-moves with the market... I doubt that this stock's market beta can explain today's -10% drop... yahoo finance says the stock's beta is 0.22, which would mean that about .22% of LAKE's decline today is from the market (as the market was down about 1%), but i don't trust yahoo's beta number so I will give you the benefit of the doubt that you did the proper analysis before attributing the rest of the 10% down day to the overall market movement... TYIA...

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