Baldwin & Lyons beta

Beta of Baldwin & Lyons, Inc.

0.41
BETA indicates whether a stock is more or less volatile than the market as a whole. A beta less than 1 indicates that the stock is less volatile than the market, while a beta more than 1 indicates that the stock is more volatile. Volatility is measured as the fluctuation of the price around the mean.

Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.


About Baldwin & Lyons, Inc.

Baldwin & Lyons, Inc., together with its subsidiaries, engages in marketing and underwriting property and casualty insurance products primarily in the United States. The company operates through two segments, Property and Casualty Insurance, and Reinsurance. It provides a range of fleet transportation insurance products, such as commercial motor vehicle liability, physical damage, and other liability insurance; workers compensation insurance; specialized accident that include medical and indemnity insurance products for independent contractors; non-trucking motor vehicle liability insurance for independent contractors; fidelity and surety bonds; and inland marine products consisting of cargo insurance. The company also offers various additional services, including risk surveys and analyses, safety program design and monitoring, government compliance assistance, loss control, and cost studies; research, development, and consultation in connection with new insurance programs that comprise development of computerized systems to assist customers in monitoring their accident data; and claims handling services to clients with self-insurance programs. Baldwin & Lyons, Inc. was founded in 1930 and is headquartered in Carmel, Indiana.

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