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Pacific Ventures Group (Pacific Ventures Group) Beta : 0.22 (As of Apr. 27, 2024)


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What is Pacific Ventures Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-27), Pacific Ventures Group's Beta is 0.22.


Pacific Ventures Group Beta Historical Data

The historical data trend for Pacific Ventures Group'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.

Pacific Ventures Group Beta Chart

Pacific Ventures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 -0.17 -0.38 -0.64 0.78

Pacific Ventures Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.75 0.78 1.08 0.98 0.87

Competitive Comparison of Pacific Ventures Group's Beta

For the Food Distribution subindustry, Pacific Ventures Group'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.


Pacific Ventures Group's Beta Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pacific Ventures Group's Beta distribution charts can be found below:

* The bar in red indicates where Pacific Ventures Group's Beta falls into.



Pacific Ventures Group 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.


Pacific Ventures Group  (OTCPK:PACV) 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)


Pacific Ventures Group Beta Related Terms

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


Pacific Ventures Group (Pacific Ventures Group) Business Description

Traded in Other Exchanges
N/A
Address
117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015
Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.
Executives
Shannon Masjedi director, 10 percent owner, officer: PRESIDENT, COO, AND SECRETARY 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Marc Shenkman director, officer: EXECUTIVE VICE PRESIDENT 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Robert Emmitt Smith director, officer: CHAIRMAN OF THE BOARD & CEO 117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Kent R. Sumner 10 percent owner 1248 BATEMAN PONDS WAY, WEST JORDAN UT 84084
Marion Philip Guthrie 10 percent owner THREE LINCOLN CENTRE, 5430 LBJ FWY., SUITE 1480, DALLAS TX 75240
Kip Eardley director, 10 percent owner, officer: President & Secretary P.O. BOX 901658, SANDY UT 84090

Pacific Ventures Group (Pacific Ventures Group) Headlines

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