• Return to Headlines

Stein Mart Inc has the Highest Beta in the Apparel Retail Industry (SMRT, DXLG, FL, FRAN, PLCE)

By Nick Russo

Below are the three companies in the Apparel Retail industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Stein Mart Inc ranks highest with a a beta of 1.5. Destination Xl G is next with a a beta of 1.2. Foot Locker Inc ranks third highest with a a beta of 1.2.

Francescas Holdi follows with a a beta of 1.1, and Children'S Place rounds out the top five with a a beta of 1.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Francescas Holdi on December 10th, 2019 by issuing a Downtrend alert when the shares were trading at $13.28. Since that call, shares of Francescas Holdi have fallen 81.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta stein mart inc destination xl g foot locker inc :fran francescas holdi :plce children's place

Ticker(s): SMRT DXLG FL