Caspian Services (Caspian Services) Beta : 7.84 (As of May. 21, 2024)

Caspian Services Beta Chart

Caspian Services Annual Data
	Trend	Sep06	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15
Beta		Get a 7-Day Free Trial					1.21	0.40	-0.48	-0.92	2.24

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Beta	Get a 7-Day Free Trial															2.85	2.24	2.00	1.73	0.82

Competitive Comparison of Caspian Services's Beta

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.

Caspian Services's Beta Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Caspian Services's Beta falls into.

Caspian Services 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.

Caspian Services  (OTCPK:CSSV) 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)

Caspian Services Beta Related Terms

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Caspian Services (Caspian Services) Business Description