Isle of Capri Casinos (Isle of Capri Casinos) Beta : N/A (As of Apr. 30, 2024)

Isle of Capri Casinos Beta Chart

Isle of Capri Casinos Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Beta		Get a 7-Day Free Trial					1.52	1.94	2.36	1.49	0.99

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Beta	Get a 7-Day Free Trial															0.66	0.99	0.94	0.92	1.01

Competitive Comparison of Isle of Capri Casinos's Beta

For the Resorts & Casinos subindustry, Isle of Capri Casinos'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.

Isle of Capri Casinos's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Isle of Capri Casinos's Beta distribution charts can be found below:

* The bar in red indicates where Isle of Capri Casinos's Beta falls into.

Isle of Capri Casinos 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.

Isle of Capri Casinos  (NAS:ISLE) 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)

Isle of Capri Casinos Beta Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description