Regression Statistics By Industry

Data Used: S&P Capital IQ, Bloomberg and the Fed

Date of Analysis: Data used is as of January 2014

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/indreg.xls

can be obtained by clicking here

on which companies are included in each industry


Industry name Number of firms Beta Correlation with the market
Advertising 65 1.03 18.99%
Aerospace/Defense 95 1.01 32.08%
Air Transport 25 0.94 26.41%
Apparel 70 1.15 26.75%
Auto & Truck 26 1.28 31.03%
Auto Parts 75 1.46 34.65%
Bank 7 0.72 44.26%
Banks (Regional) 721 0.58 26.19%
Beverage  47 1.42 22.15%
Beverage (Alcoholic) 19 1.14 26.77%
Biotechnology 349 1.12 19.15%
Broadcasting 30 1.53 33.46%
Brokerage & Investment Banking 49 1.11 39.27%
Building Materials 37 1.27 42.68%
Business & Consumer Services 179 0.90 31.01%
Cable TV 16 0.97 31.90%
Chemical (Basic) 47 1.01 25.35%
Chemical (Diversified) 10 1.42 56.17%
Chemical (Specialty) 100 1.01 35.95%
Coal & Related Energy 45 1.28 24.13%
Computer Services 129 0.92 25.02%
Computer Software 273 1.07 27.28%
Computers/Peripherals 66 1.15 25.76%
Construction 18 0.96 29.36%
Diversified 20 0.77 43.69%
Educational Services 40 1.24 23.09%
Electrical Equipment 135 1.14 24.61%
Electronics 191 1.02 23.68%
Electronics (Consumer & Office) 26 1.37 27.77%
Engineering 56 1.20 38.99%
Entertainment 85 1.19 22.91%
Environmental & Waste Services 108 1.13 20.36%
Farming/Agriculture 29 0.79 25.37%
Financial Svcs. 76 0.99 31.08%
Financial Svcs. (Non-bank & Insurance) 17 1.05 46.08%
Food Processing 97 0.85 27.43%
Food Wholesalers 18 1.18 28.54%
Furn/Home Furnishings 36 1.24 32.15%
Healthcare Equipment 193 0.85 23.70%
Healthcare Facilities 47 1.13 32.64%
Healthcare Products 58 1.00 26.99%
Healthcare Services 126 0.83 23.41%
Heathcare Information and Technology 125 0.99 21.67%
Heavy Construction 46 1.67 45.04%
Homebuilding 32 1.71 44.41%
Hotel/Gaming 89 1.27 27.93%
Household Products 139 1.00 20.59%
Information Services 71 0.84 37.04%
Insurance (General) 26 0.92 47.22%
Insurance (Life) 27 1.21 52.86%
Insurance (Prop/Cas.) 53 0.76 37.14%
Internet software and services 330 1.05 18.41%
Investment Co. 65 0.82 29.76%
Machinery 141 1.04 38.26%
Metals & Mining 134 1.26 20.63%
Office Equipment & Services 30 1.14 40.42%
Oil/Gas (Integrated) 8 1.00 59.83%
Oil/Gas (Production and Exploration) 411 1.24 26.83%
Oil/Gas Distribution 80 0.82 35.48%
Oilfield Svcs/Equip. 163 1.30 33.87%
Packaging & Container 24 0.99 48.10%
Paper/Forest Products 21 1.34 35.94%
Pharma & Drugs 138 1.10 23.42%
Power 106 0.68 36.29%
Precious Metals 166 1.33 13.57%
Publshing & Newspapers 52 1.08 27.11%
R.E.I.T. 46 0.78 37.49%
Railroad 10 1.08 51.51%
Real Estate (Development) 22 0.99 26.30%
Real Estate (General/Diversified) 11 0.72 31.38%
Real Estate (Operations & Services) 47 1.40 19.70%
Recreation 70 1.30 25.86%
Reinsurance 3 0.56 41.17%
Restaurant 84 0.86 30.20%
Retail (Automotive) 30 1.15 35.38%
Retail (Building Supply) 7 1.07 33.51%
Retail (Distributors) 87 1.00 29.59%
Retail (General) 21 0.98 35.34%
Retail (Grocery and Food) 21 0.81 29.17%
Retail (Internet) 47 1.03 23.91%
Retail (Special Lines) 137 0.99 31.02%
Rubber& Tires 4 1.27 23.22%
Semiconductor 104 1.19 35.91%
Semiconductor Equip 51 1.25 34.15%
Shipbuilding & Marine 14 1.50 35.48%
Shoe 14 0.83 32.85%
Steel 37 1.19 39.97%
Telecom (Wireless) 28 0.68 22.22%
Telecom. Equipment 131 1.14 28.01%
Telecom. Services 82 0.94 22.54%
Thrift 223 0.53 21.44%
Tobacco 12 0.94 43.85%
Transportation 22 1.01 36.26%
Trucking 28 1.17 37.63%
Utility (General) 20 0.56 46.43%
Utility (Water) 20 0.75 30.89%
Total Market 7766 1.01 27.99%

 


Last Updated in January 2014
By Aswath Damodaran