Beta is the measure of a stock's volatility. Stocks with high beta, over 1.0, means the stock is more volatile than the broader market. Stocks with low beta , below 1.0, means they are less volatile and have smaller price swings than the market. Then there are stocks with negative beta, which means they move in the opposite direction of the market. Right now, with the S&P 500 and Nasdaq Composite ...
Beta is the measure of a stock's volatility. Stocks with high beta, over 1.0, means the stock is more volatile than the broader market. Stocks with low beta , below 1.0, means they are less volatile and have smaller price swings than the market. Then there are stocks with negative beta, which means they move in the opposite direction of the market. Right now, with the S&P 500 and Nasdaq Composite in negative territory, that's not a bad thing. Certainly, it's a short-term snapshot, and the markets will head north again, but to navigate the market downturns, a stock with negative beta is a good diversifier to lift your portfolio when most of it is down. Continue reading
mechanick/iStock via Getty Images York Space Systems ( YSS ) became a publicly listed company earlier this year. With demand for space applications increasing in the commercial and especially for national security, the IPO comes at a time when investor interest in space is elevated and before an anticipated IPO of SpaceX, which could lift the space launch and space systems field as a whole in term...
mechanick/iStock via Getty Images York Space Systems ( YSS ) became a publicly listed company earlier this year. With demand for space applications increasing in the commercial and especially for national security, the IPO comes at a time when investor interest in space is elevated and before an anticipated IPO of SpaceX, which could lift the space launch and space systems field as a whole in terms of valuation. In this report, I briefly discuss the IPO, the company’s activities, and the expected growth in the years ahead, and I discuss how this feathers into the share price target for York Space Systems. York Space Systems Raises $629 Million in Upsized Offering The Aerospace Forum York Space Systems raised $629 million on its debut as a publicly listed company in an offering that was upsized from 16 million shares to 18.5 million shares. The optional shares exercised brought in an additional $24.1 million derived from the current share count of 127.61 million . That brings the gross proceeds to $653.1 million and net proceeds to $605 million. York Space System Builds On $543 Million Backlog and Growing Demand York Space Systems York Space Systems builds on growing demand for space applications for national security purposes and has a $543 million backlog. York Space Systems excels in satellite bus manufacturing, payload integration, and mission operations. While the company does have a lot of in-house capability, they are not a supplier of components to other integrators. Instead, they have the in-house capability for critical components and source components from other suppliers and integrate those into a spacecraft and integrate the payload with mission planning and monitoring capabilities. So, it is a vertical space stack from spacecraft level to mission planning and operations. The company has three spacecraft, namely the S-class, LX-Class, and M-Class spacecraft, which are three different types of satellites built on a common core, helping to keep costs down ...
Hong Kong has struck a balance between financial security and innovation in its strategic roles as a “testing ground” and “firewall” for the nation’s reform and opening up, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday that security was core to the objective of achieving high-quality development as geopolitical tensions fuel risks in global financial markets...
Hong Kong has struck a balance between financial security and innovation in its strategic roles as a “testing ground” and “firewall” for the nation’s reform and opening up, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday that security was core to the objective of achieving high-quality development as geopolitical tensions fuel risks in global financial markets and energy supplies. As Hong Kong rolled out the first batch of stablecoin licences last week, the...
LyondellBasell, APA Corporation, and Valero Energy rank 11th, 14th, and 25th among the S&P 500's top-performers on the year, while the index sits close to flat.
LyondellBasell, APA Corporation, and Valero Energy rank 11th, 14th, and 25th among the S&P 500's top-performers on the year, while the index sits close to flat.
US President Donald Trump announced on Sunday that there would be an Ultimate Fighting Championship (UFC) fight in the White House grounds to mark his 80th birthday on June 14. Trump, a UFC fan, made the announcement on social media. This year marks the 250th anniversary of US independence and the initial plans were for the fight to take place on July 4, US Independence Day. On Saturday, Trump was...
US President Donald Trump announced on Sunday that there would be an Ultimate Fighting Championship (UFC) fight in the White House grounds to mark his 80th birthday on June 14. Trump, a UFC fan, made the announcement on social media. This year marks the 250th anniversary of US independence and the initial plans were for the fight to take place on July 4, US Independence Day. On Saturday, Trump was attending a UFC fight in Miami with several family members and Secretary of State Marco Rubio, when...
Marie-Louise Eta becomes the first woman appointed to manage a men's team in one of Europe's top five leagues as she is named interim head coach of Bundesliga side Union Berlin.
Marie-Louise Eta becomes the first woman appointed to manage a men's team in one of Europe's top five leagues as she is named interim head coach of Bundesliga side Union Berlin.