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Small Business Development Group (Small Business Development Group) Beta : 2.78 (As of May. 03, 2024)


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What is Small Business Development Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-03), Small Business Development Group's Beta is 2.78.


Small Business Development Group Beta Historical Data

The historical data trend for Small Business Development 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.

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Small Business Development Group Beta Chart

Small Business Development Group Annual Data
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Small Business Development Group Quarterly Data
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Competitive Comparison of Small Business Development Group's Beta

For the Conglomerates subindustry, Small Business Development 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.


Small Business Development Group's Beta Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Small Business Development Group's Beta distribution charts can be found below:

* The bar in red indicates where Small Business Development Group's Beta falls into.



Small Business Development 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.


Small Business Development Group  (OTCPK:SBDG) 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)


Small Business Development Group Beta Related Terms

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Small Business Development Group (Small Business Development Group) Business Description

Traded in Other Exchanges
N/A
Address
2500 Regency Parkway, Cary, NC, USA, 27518
Small Business Development Group Inc operates as a holding company, which develops operating companies through acquisition in established industry segments. The company operates as a business solutions firm providing service to client companies requiring cutting-edge advice in the area of corporate growth strategies. Its business strategy is to develop the operating companies through acquisition and joint ventures.

Small Business Development Group (Small Business Development Group) Headlines