GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FAST Acquisition Corp II (NYSE:FZT.U) » Definitions » Beta

FAST Acquisition II (FAST Acquisition II) Beta : N/A (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is FAST Acquisition II Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-26), FAST Acquisition II's Beta is Not available.


FAST Acquisition II Beta Historical Data

The historical data trend for FAST Acquisition II'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.

* Premium members only.

FAST Acquisition II Beta Chart

FAST Acquisition II Annual Data
Trend Dec21 Dec22
Beta
- -

FAST Acquisition II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of FAST Acquisition II's Beta

For the Shell Companies subindustry, FAST Acquisition II'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.


FAST Acquisition II's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FAST Acquisition II's Beta distribution charts can be found below:

* The bar in red indicates where FAST Acquisition II's Beta falls into.



FAST Acquisition II 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.


FAST Acquisition II  (NYSE:FZT.U) 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)


FAST Acquisition II Beta Related Terms

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


FAST Acquisition II (FAST Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
109 Old Branchville Road, Ridgefield, CT, USA, 06877
FAST Acquisition Corp II is a blank check company.
Executives
Kevin Michael Reddy director 3 MINETTA STREET, NEW YORK NY 10012
Alice Elliot director C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Garrett Schreiber officer: CFO 3 MINETTA STREET, NEW YORK NY 10012
Sandy Beall director, officer: Chief Executive Officer 3 MINETTA STREET, NEW YORK NY 10012
Sanjay Chadda director 3 MINETTA STREET, NEW YORK NY 10012
Michael Lastoria director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Steve Kassin director C/O VELOCITY ACQUISITION CORP., 109 OLD BRANCHVILLE RD, RIDGEFIELD CT 06877
Eugene Remm director, officer: Chief Brand Officer 551 W. 21ST STREET, 6B, NEW YORK NY 10011
Fast Sponsor Ii Llc 10 percent owner 109 OLD BRANCHVILLE ROAD, RIDGEFIELD CT 06877
Fast Sponsor Ii Manager Llc other: See Remarks 109 OLD BRANCHVILLE ROAD, RIDGEFIELD CT 06877
Daniel Gardner officer: Chief Digital Officer 8516 ROLLINS DRIVE, AUSTIN TX 78738
Clifford Ryan Moskowitz director 117 STONEMILL ROAD, STORRS CT 06268

FAST Acquisition II (FAST Acquisition II) Headlines

From GuruFocus

Falcon's Beyond Launches First Mobile Game � Katmandu: EtherMerge

By Business Wire Business Wire 04-18-2023