Whole Foods Market (Whole Foods Market) Beta : N/A (As of Apr. 26, 2024)

Whole Foods Market Beta Chart

Whole Foods Market Annual Data
	Trend	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16
Beta		Get a 7-Day Free Trial					0.46	0.66	0.98	1.30	0.60

Whole Foods Market Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Beta	Get a 7-Day Free Trial															0.79	0.60	0.62	0.52	0.63

Competitive Comparison of Whole Foods Market's Beta

For the Grocery Stores subindustry, Whole Foods Market'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.

Whole Foods Market's Beta Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Whole Foods Market's Beta distribution charts can be found below:

* The bar in red indicates where Whole Foods Market's Beta falls into.

Whole Foods Market 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.

Whole Foods Market  (NAS:WFM) 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)

Whole Foods Market Beta Related Terms

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Whole Foods Market (Whole Foods Market) Business Description