Victoria Oil & Gas (AQSE:VOG.GB) Beta : N/A (As of Jun. 06, 2024)

Victoria Oil & Gas Beta Chart

Victoria Oil & Gas Annual Data
	Trend	May11	May12	May13	May14	May15	Dec16	Dec17	Dec18	Dec19	Dec20
Beta		Get a 7-Day Free Trial					-	0.03	0.96	1.06	2.30

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Beta	Get a 7-Day Free Trial															0.65	1.06	1.18	2.30	-

Competitive Comparison of Victoria Oil & Gas's Beta

For the Oil & Gas Integrated subindustry, Victoria Oil & Gas's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Victoria Oil & Gas's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Victoria Oil & Gas's Beta distribution charts can be found below:

* The bar in red indicates where Victoria Oil & Gas's Beta falls into.

Victoria Oil & Gas Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Victoria Oil & Gas  (AQSE:VOG.GB) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Victoria Oil & Gas Beta Related Terms

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Victoria Oil & Gas (AQSE:VOG.GB) Business Description