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AFHBQ.PFD (Atlas Financial Holdings) Beta : N/A (As of Sep. 25, 2024)


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What is Atlas Financial Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-25), Atlas Financial Holdings's Beta is Not available.


Atlas Financial Holdings Beta Historical Data

The historical data trend for Atlas Financial Holdings'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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Atlas Financial Holdings Beta Chart

Atlas Financial Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beta
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Atlas Financial Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Atlas Financial Holdings's Beta

For the Insurance - Property & Casualty subindustry, Atlas Financial Holdings'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.


Atlas Financial Holdings's Beta Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Atlas Financial Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Atlas Financial Holdings's Beta falls into.



Atlas Financial Holdings 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.


Atlas Financial Holdings  (OTCPK:AFHBQ.PFD) 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)


Atlas Financial Holdings Beta Related Terms

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


Atlas Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
953 American Lane, 3rd Floor, Schaumburg, Chicago, IL, USA, 60173
Atlas Financial Holdings Inc is engaged in the business of underwriting commercial automobile insurance in the United States. It focuses on the light commercial automobile sector, which includes taxi cabs, non-emergency para-transit, limousine, livery, and business auto. Its automobile insurance products provide insurance coverage in three major areas: liability, accident benefits, and physical damage. The company distributes its insurance products through a network of retail independent agents.
Executives
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Ronald Konezny director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Walter Frederick Walker director 14419 GREENWOOD AVE. N, STE A 418, SEATTLE WA 98133
Ellbar Partners Management, Llc 10 percent owner 15 E 5TH STREET-SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Magnolia Capital Partners, Llc 10 percent owner 15 E. 5TH STREET, SUITE 3200, TULSA OK 74103
Fitzgerald John Taylor Maloney director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Swets Larry G Jr director 105 S. MAPLE ST., ITASCA IL 60143
Kingsway America Inc 10 percent owner 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Jordan Kupinsky director 395 BROOKE AVENUE, TORONTO A6 M5M2L5
Gordon G Pratt director, officer: Chairman of the Board 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Leslie Dimaggio other: Subsidiary Director/Vice Pres 715 BARBERRY TRAIL, FOX RIVER GROVE IL 60021

Atlas Financial Holdings Headlines

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