Electronic Control Security (Electronic Control Security) Beta : -0.32 (As of Jun. 08, 2024)

Electronic Control Security Beta Chart

Electronic Control Security Annual Data
	Trend	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Beta		Get a 7-Day Free Trial					2.02	2.32	1.11	-0.86	-2.80

Electronic Control Security Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Beta	Get a 7-Day Free Trial															-2.13	-2.80	0.28	0.13	-0.01

Competitive Comparison of Electronic Control Security's Beta

For the Security & Protection Services subindustry, Electronic Control Security'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.

Electronic Control Security's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Electronic Control Security's Beta distribution charts can be found below:

* The bar in red indicates where Electronic Control Security's Beta falls into.

Electronic Control Security 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.

Electronic Control Security  (OTCPK:EKCS) 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)

Electronic Control Security Beta Related Terms

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Electronic Control Security (Electronic Control Security) Business Description