Gurktaler AG (WBO:GAGS) Beta : -1.37 (As of May. 13, 2024)

Gurktaler AG Beta Chart

Gurktaler AG Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Beta		Get a 7-Day Free Trial					-0.43	-0.36	-0.23	-0.15	-0.61

Gurktaler AG Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Beta	Get a 7-Day Free Trial															-0.20	-0.15	-0.39	-0.61	-0.68

Competitive Comparison of Gurktaler AG's Beta

For the Beverages - Brewers subindustry, Gurktaler AG'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.

Gurktaler AG's Beta Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Gurktaler AG's Beta distribution charts can be found below:

* The bar in red indicates where Gurktaler AG's Beta falls into.

Gurktaler AG 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.

Gurktaler AG  (WBO:GAGS) 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)

Gurktaler AG Beta Related Terms

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Gurktaler AG (WBO:GAGS) Business Description