Wednesday March 26, 04:03 PM
Whole Foods most volatile in sector
NEW YORK (AP) - As the quarter winds down, natural and organics grocery chain Whole Foods Market Inc. is the most volatile stock in the consumer staples sector of the S&P 500 index.
The stock has an average 'beta value,' or measure of volatility, of 1.05, which implies that, in theory, it is 5 percent more volatile than the market in general.
The least volatile stock in the group is household goods maker Colgate-Palmolive Co., with a beta value of 0.67.
Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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