Chartwell Retirement Residences (Chartwell Retirement Residences) Beta : 0.66 (As of May. 05, 2024)

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What is Chartwell Retirement Residences Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-05), Chartwell Retirement Residences's Beta is 0.66.

Chartwell Retirement Residences Beta Historical Data

The historical data trend for Chartwell Retirement Residences's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chartwell Retirement Residences Beta Chart

Chartwell Retirement Residences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beta

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0.98

1.30

1.42

0.97

0.72

Chartwell Retirement Residences Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Beta	Get a 7-Day Free Trial															0.97	0.76	0.88	0.82	0.72

Competitive Comparison of Chartwell Retirement Residences's Beta

For the REIT - Residential subindustry, Chartwell Retirement Residences'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.

Chartwell Retirement Residences's Beta Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chartwell Retirement Residences's Beta distribution charts can be found below:

* The bar in red indicates where Chartwell Retirement Residences's Beta falls into.

Chartwell Retirement Residences 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.

Chartwell Retirement Residences (OTCPK:CWSRF) 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)

Chartwell Retirement Residences Beta Related Terms

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Chartwell Retirement Residences (Chartwell Retirement Residences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chartwell Retirement Residences (OTCPK:CWSRF) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

6QD:Germany CSH.UN:Canada

Address

7070 Derrycrest Drive, Mississauga, ON, CAN, L5W 0G5

Website

https://www.chartwell.com

Chartwell Retirement Residences is an unincorporated open-ended real estate trust that is engaged in the ownership, operations, and management of retirement residences and long-term care homes in Canada. The company has two operating segments; The Retirement Operations segment includes retirement residences that the company owns and operates in Canada. The retirement residences provide services to residents at rates set by Chartwell based on the services provided and market conditions, and The Long-Term Care Operations segment consists of long-term care homes in Ontario, one of which has an adjacent retirement residence and Admission and funding for the long-term care homes is overseen by local government agencies in each province.