Relatively Low Beta Detected in Shares of Rent-A-Center in the Computer & Electronics Retail Industry (RCII, SYX, BBY, GME, HGG)
Below are the three companies in the Computer & Electronics Retail industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Rent-A-Center ranks lowest with a a beta of 0.8. Following is Systemax with a a beta of 0.9. Best Buy ranks third lowest with a a beta of 1.0.
GameStop follows with a a beta of 1.3, and hhgregg rounds out the bottom five with a a beta of 1.3.
SmarTrend recommended that its subscribers protect gains by selling shares of hhgregg on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $1.78. Since that call, shares of hhgregg have fallen 10.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest beta rent-a-center systemax Best Buy GameStop hhgregg