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Global eScience (Global eScience) Beta : 5.72 (As of May. 12, 2024)


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What is Global eScience Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), Global eScience's Beta is 5.72.


Global eScience Beta Historical Data

The historical data trend for Global eScience'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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Global eScience Beta Chart

Global eScience Annual Data
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Global eScience Quarterly Data
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Competitive Comparison of Global eScience's Beta

For the Telecom Services subindustry, Global eScience'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.


Global eScience's Beta Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Global eScience's Beta falls into.



Global eScience 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.


Global eScience  (GREY:GSNC) 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)


Global eScience Beta Related Terms

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Global eScience (Global eScience) Business Description

Traded in Other Exchanges
N/A
Address
1043 Grand Avenue, Suite 141, St. Paul, MN, USA, 55105
Website
Global eScience Corp is a development stage company that provides wireless connectivity, security, data management and network consulting services.

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