Below are the top five companies in the Diversified Banks industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Bank of Ireland (NYSE:IRE) ranks first with a beta of 3.15; Allied Irish Banks (NYSE:AIB) ranks second with a beta of 2.75; and Barclays (NYSE:BCS) ranks third with a beta of 2.03.
Wells Fargo (NYSE:WFC) follows with a beta of 2.02 and Lloyds Banking Group (NYSE:LYG) rounds out the top five with a beta of 1.91.
SmarTrend currently has shares of Bank of Ireland in an Uptrend and issued the Uptrend alert on December 06, 2010 at $2.06. The stock has risen 16.3% since the Uptrend alert was issued.
http://www.mysmartrend.com/news-briefs/news-watch/...t-beta-ire-aib-1