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Using Excel's Slope Function to Calculate Beta

1 Year Beta for IBM calculated using weekly changes:

0.951

S&P 500 Weekly Close

52 Weeks

IBM Weekly Close

52 Weeks

Wkly Pct
Date
Close
Chg
24-Feb-2001
1245.86
03-Mar-2001
1234.18
-0.94%
10-Mar-2001
1233.42
-0.06%
17-Mar-2001
1150.53
-6.72%
24-Mar-2001
1139.83
-0.93%
31-Mar-2001
1160.33
1.80%
07-Apr-2001
1128.43
-2.75%
14-Apr-2001
1183.50
4.88%
21-Apr-2001
1242.98
5.03%
28-Apr-2001
1253.05
0.81%
05-May-2001
1266.61
1.08%
12-May-2001
1245.67
-1.65%
19-May-2001
1291.96
3.72%
26-May-2001
1277.89
-1.09%
02-Jun-2001
1260.67
-1.35%
09-Jun-2001
1264.96
0.34%
16-Jun-2001
1214.36
-4.00%
23-Jun-2001
1225.35
0.91%
30-Jun-2001
1224.38
-0.08%
07-Jul-2001
1190.59
-2.76%
14-Jul-2001
1215.68
2.11%
21-Jul-2001
1210.85
-0.40%
28-Jul-2001
1205.82
-0.42%
04-Aug-2001
1214.35
0.71%
11-Aug-2001
1190.16
-1.99%
18-Aug-2001
1161.97
-2.37%
25-Aug-2001
1184.93
1.98%
01-Sep-2001
1133.58
-4.33%
08-Sep-2001
1085.78
-4.22%
15-Sep-2001
1092.54
0.62%
22-Sep-2001
965.80
-11.60%
29-Sep-2001
1040.94
7.78%
06-Oct-2001
1071.38
2.92%
13-Oct-2001
1091.65
1.89%
20-Oct-2001
1073.48
-1.66%
27-Oct-2001
1104.61
2.90%
03-Nov-2001
1087.20
-1.58%
10-Nov-2001
1120.31
3.05%
17-Nov-2001
1138.65
1.64%
24-Nov-2001
1150.34
1.03%

Wkly Pct
Date
Close
Chg
24-Feb-2001
104.00
03-Mar-2001
102.30 -1.63%
10-Mar-2001
99.29 -2.94%
17-Mar-2001
90.10 -9.26%
24-Mar-2001
93.51
3.78%
31-Mar-2001
96.18
2.86%
07-Apr-2001
97.95
1.84%
14-Apr-2001
96.20 -1.79%
21-Apr-2001
114.83 19.37%
28-Apr-2001
116.20
1.19%
05-May-2001
115.86 -0.29%
12-May-2001
111.81 -3.50%
19-May-2001
117.44
5.04%
26-May-2001
117.80
0.31%
02-Jun-2001
112.89 -4.17%
09-Jun-2001
116.10
2.84%
16-Jun-2001
113.60 -2.15%
23-Jun-2001
112.87 -0.64%
30-Jun-2001
113.00
0.12%
07-Jul-2001
106.50 -5.75%
14-Jul-2001
108.53
1.91%
21-Jul-2001
105.70 -2.61%
28-Jul-2001
104.70 -0.95%
04-Aug-2001
108.18
3.32%
11-Aug-2001
104.95 -2.99%
18-Aug-2001
104.59 -0.34%
25-Aug-2001
106.99
2.29%
01-Sep-2001
99.95 -6.58%
08-Sep-2001
96.59 -3.36%
15-Sep-2001
96.47 -0.12%
22-Sep-2001
90.50 -6.19%
29-Sep-2001
91.72
1.35%
06-Oct-2001
98.02
6.87%
13-Oct-2001
100.84
2.88%
20-Oct-2001
102.65
1.79%
27-Oct-2001
111.16
8.29%
03-Nov-2001
109.50 -1.49%
10-Nov-2001
114.08
4.18%
17-Nov-2001
114.50
0.37%
24-Nov-2001
115.35
0.74%

1 Year Beta for IBM calculated u

S&P 500 Monthly Close
12 Months
Date
Last
28-Feb-2001
1,239.94
31-Mar-2001
1,160.33
30-Apr-2001
1,249.46
31-May-2001 1,255.82
30-Jun-2001
1,224.38
31-Jul-2001
1,211.23
31-Aug-2001
1,133.58
30-Sep-2001
1,040.94
31-Oct-2001
1,059.78
30-Nov-2001
1,139.45
31-Dec-2001
1,148.08
31-Jan-2002
1,130.20
28-Feb-2002
1,088.55

01-Dec-2001
08-Dec-2001
15-Dec-2001
22-Dec-2001
29-Dec-2001
05-Jan-2002
12-Jan-2002
19-Jan-2002
26-Jan-2002
02-Feb-2002
09-Feb-2002
16-Feb-2002
23-Feb-2002

1139.45
1158.31
1123.07
1144.89
1161.02
1172.51
1145.60
1127.58
1133.28
1122.20
1096.22
1104.18
1079.83

-0.95%
1.66%
-3.04%
1.94%
1.41%
0.99%
-2.30%
-1.57%
0.51%
-0.98%
-2.32%
0.73%
-2.21%

01-Dec-2001
08-Dec-2001
15-Dec-2001
22-Dec-2001
29-Dec-2001
05-Jan-2002
12-Jan-2002
19-Jan-2002
26-Jan-2002
02-Feb-2002
09-Feb-2002
16-Feb-2002
23-Feb-2002

115.59
120.40
121.10
122.00
122.90
125.60
120.31
114.25
109.28
108.00
104.99
102.89
96.55

0.21%
4.16%
0.58%
0.74%
0.74%
2.20%
-4.21%
-5.04%
-4.35%
-1.17%
-2.79%
-2.00%
-6.16%

info@willowsolutions.com

Year Beta for IBM calculated using monthly changes:

1.49

IBM Monthly Close

12 Months
Mth Pct
Chg
-6.42%
7.68%
0.51%
-2.50%
-1.07%
-6.41%
-8.17%
1.81%
7.52%
0.76%
-1.56%
-3.69%

Mth Pct
Date
Last
Chg
28-Feb-2001
99.90
31-Mar-2001
96.18
-3.72%
30-Apr-2001
115.14
19.71%
31-May-2001
111.80
-2.90%
30-Jun-2001
113.00
1.07%
31-Jul-2001
105.21
-6.89%
31-Aug-2001
99.95
-5.00%
30-Sep-2001
91.72
-8.23%
31-Oct-2001
108.07
17.83%
30-Nov-2001
115.59
6.96%
31-Dec-2001
120.96
4.65%
31-Jan-2002
107.89
-10.81%
28-Feb-2002
98.47
-8.73%