Data and Analytics


Comprehensive data and powerful analytics designed for investing, trading, and managing risk in equity and ETF portfolios. Featuring many of the same metrics used to build our index products, including truBeta™.

Salt-Financial-Data

truBeta™ Hot List

The truBeta Hot List highlights the top 10 US stocks increasing and decreasing their sensitivity to market moves as measured by the largest differences between Salt Financial’s proprietary truBeta forecast and a traditional beta estimate.

Heating Up

Increasing sensitivity to market moves.

Name Ticker truBeta Traditional Beta % Diff
PELOTON INTERACTIVE INC PTON 1.25 0.53 134.5%
TELADOC HEALTH INC TDOC 1.09 0.42 157.9%
BJS WHOLESALE CLUB HOLDINGS BJ 1.04 0.39 166.3%
RINGCENTRAL INC RNG 1.16 0.56 105.9%
ZOOM VIDEO COMMUNICATIONS INC ZM 1.05 0.50 110.2%
FIVE9 INC FIVN 1.09 0.56 96.2%
TAKE-TWO INTERACTIVE SOFTWARE INC TTWO 1.09 0.58 87.5%
MARKETAXESS HOLDINGS INC MKTX 1.12 0.62 80.0%
DATADOG INC DDOG 1.25 0.79 57.4%
NIKOLA CORP NKLA 1.28 0.85 51.2%

Cooling Off

Decreasing sensitivity to market moves.

Name Ticker truBeta Traditional Beta % Diff
APACHE CORP APA 1.31 2.98 -56.0%
DEVON ENERGY CORPORATION DVN 1.12 2.34 -52.2%
TARGA RESOURCES CORP TRGP 1.11 2.21 -50.0%
MARATHON OIL CORP MRO 1.12 2.16 -48.2%
WAYFAIR INC W 1.22 2.17 -43.6%
HALLIBURTON CO HAL 1.18 2.09 -43.6%
INSMED INC INSM 0.95 1.83 -48.2%
LINCOLN NATIONAL CORP LNC 1.27 2.11 -39.5%
ROYAL CARIBBEAN CRUISES LTD RCL 1.36 2.16 -36.9%
WEX INC WEX 1.05 1.80 -41.8%

Data as of Nov 23, 2020. The truBeta Hot List is selected from the top 1000 US stocks by market capitalization. Traditional beta is defined as an average of two historical beta calculations, one using 5 years of monthly returns and the other one year of daily returns.

For additional information on truBeta™, see the Salt Financial white paper “Quarterly Beta Forecasting with Multiple Return Frequencies”, available here.

truBeta™ Sector Heatmap

The truBeta Sector Heatmap displays current truBeta scores aggregated by sectors (top row) with a drill down to the industry level to provide a comprehensive picture of what’s moving the market. Higher truBeta values with deeper shades of red color indicate sectors and industries most sensitive to market moves whereas lower values with deeper shades of blue indicate lower sensitivity.

To view industry-level classifications, hover your mouse on the boxes below the top row sectors.