Signature Eyewear (Signature Eyewear) Beta : 0.71 (As of May. 22, 2024)

Signature Eyewear Beta Chart

Signature Eyewear Annual Data
	Trend	Oct01	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10
Beta		Get a 7-Day Free Trial					-1.05	-1.22	0.10	0.42	0.40

Signature Eyewear Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11
Beta	Get a 7-Day Free Trial															0.43	0.48	0.40	0.49	0.52

Competitive Comparison of Signature Eyewear's Beta

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.

Signature Eyewear's Beta Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's Beta distribution charts can be found below:

* The bar in red indicates where Signature Eyewear's Beta falls into.

Signature Eyewear 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.

Signature Eyewear  (OTCPK:SEYE) 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)

Signature Eyewear Beta Related Terms

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

Signature Eyewear (Signature Eyewear) Business Description