[April 26, 2013] Highest Beta in the Application Software Industry Detected in Shares of AsiaInfo Holdings (ASIA, MOBI, MOTR, MITK, ADSK) Tweet Apr 26, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.AsiaInfo Holdings ranks highest with a a beta of 1.9. Following is Sky-mobi with a a beta of 1.9. Motricity ranks third highest with a a beta of 1.9. Mitek Systems follows with a a beta of 1.8, and Autodesk rounds out the top five with a a beta of 1.6. SmarTrend is monitoring the recent change of momentum in Autodesk. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Autodesk in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]