FairPoint Communications (FairPoint Communications) Beta : N/A (As of May. 11, 2024)

FairPoint Communications Beta Chart

FairPoint Communications Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Beta		Get a 7-Day Free Trial					-	1.80	-0.53	0.58	0.70

FairPoint Communications Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Beta	Get a 7-Day Free Trial															0.55	0.52	0.67	0.70	0.71

Competitive Comparison of FairPoint Communications's Beta

For the Telecom Services subindustry, FairPoint Communications'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.

FairPoint Communications's Beta Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FairPoint Communications's Beta distribution charts can be found below:

* The bar in red indicates where FairPoint Communications's Beta falls into.

FairPoint Communications 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.

FairPoint Communications  (NAS:FRP) 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)

FairPoint Communications Beta Related Terms

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

FairPoint Communications (FairPoint Communications) Business Description