GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Beta

Infrax Systems (Infrax Systems) Beta : 1.27 (As of May. 10, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Infrax Systems Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-10), Infrax Systems's Beta is 1.27.


Infrax Systems Beta Historical Data

The historical data trend for Infrax Systems'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.

Infrax Systems Beta Chart

Infrax Systems Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 1.02 2.71 7.18 8.02

Infrax Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.18 7.07 7.10 7.92 8.02

Competitive Comparison of Infrax Systems's Beta

For the Capital Markets subindustry, Infrax Systems'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.


Infrax Systems's Beta Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Infrax Systems's Beta distribution charts can be found below:

* The bar in red indicates where Infrax Systems's Beta falls into.



Infrax Systems 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.


Infrax Systems  (OTCPK:IFXY) 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)


Infrax Systems Beta Related Terms

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


Infrax Systems (Infrax Systems) Business Description

Traded in Other Exchanges
N/A
Address
9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380
Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

Infrax Systems (Infrax Systems) Headlines