Bancroft Fund (Bancroft Fund) Beta : -0.23 (As of Apr. 27, 2024)

Bancroft Fund Beta Chart

Bancroft Fund Annual Data
	Trend	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21
Beta		Get a 7-Day Free Trial					0.76	0.99	0.94	0.01	-0.05

Bancroft Fund Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22
Beta	Get a 7-Day Free Trial															0.01	1.08	-0.05	1.05	1.00

Competitive Comparison of Bancroft Fund's Beta

For the Asset Management subindustry, Bancroft Fund'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.

Bancroft Fund's Beta Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bancroft Fund's Beta distribution charts can be found below:

* The bar in red indicates where Bancroft Fund's Beta falls into.

Bancroft Fund 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.

Bancroft Fund  (AMEX:BCV) 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)

Bancroft Fund Beta Related Terms

Thank you for viewing the detailed overview of Bancroft Fund's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

Bancroft Fund (Bancroft Fund) Business Description