Getting Information on Risk and Return

If you want to run a regression of stock returns against a market index to estimate a beta, you will need to estimate past returns for both the stock and index. Several services including Bloomberg and S&P provide access to the data. If you want a beta estimate for your firm, you can find it online or look it up in Value Line. If you want to estimate bottom-up betas, based upon comparable firms, you will first have to identify the businesses that your firm operates in (which should be available in the firm's 10-K), find comparable firms in each business and then estimate the average beta and debt to equity ratio for these firms.

You can find the rating for your company from the S&P and Moody publications that list all traded bonds and their ratings. Alternatively, you can estimate an interest coverage ratio and a synthetic rating. Online sources of information:

http: / / www.stern.nyu.edu/~adamodar/cfin2E/ proj ect/data. htm

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