Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Aberdeen Global Dynamic Dividend Fund's Beta is -0.1575.
Aberdeen Global Dynamic Dividend Fund (NYSE:AGD) 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)
Aberdeen Global Dynamic Dividend Fund Beta Related Terms
Aberdeen Global Dynamic Dividend Fund Beta Historical Data
* 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.
For the Asset Management subindustry, Aberdeen Global Dynamic Dividend Fund'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.
Aberdeen Global Dynamic Dividend Fund Beta vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen Global Dynamic Dividend Fund's Beta distribution charts can be found below:
* The bar in red indicates where Aberdeen Global Dynamic Dividend Fund's Beta falls into.
Aberdeen Global Dynamic Dividend Fund 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.
Aberdeen Global Dynamic Dividend Fund (AGD) has a Beta of -0.1575 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Aberdeen Global Dynamic Dividend Fund and its competitors.
Is Aberdeen Global Dynamic Dividend Fund's Beta too high?
Aberdeen Global Dynamic Dividend Fund's current Beta is -0.1575. Overall, Aberdeen Global Dynamic Dividend Fund has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Global Dynamic Dividend Fund's Beta compare to TCPC and NXG?
Aberdeen Global Dynamic Dividend Fund's Beta of -0.1575 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Aberdeen Global Dynamic Dividend Fund and its competitors. Aberdeen Global Dynamic Dividend Fund's current Beta is -0.1575. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Global Dynamic Dividend Fund stock overvalued right now?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund (AGD) is currently considered Significantly Undervalued. The stock's GF Value™ is $26.27, compared to a current price of $11.91 — trading 54.7% below its estimated fair value. The current Beta is -0.1575. Aberdeen Global Dynamic Dividend Fund's overall GF Score™ is 41/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Aberdeen Global Dynamic Dividend Fund (AGD), the current Beta is -0.1575 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Aberdeen Global Dynamic Dividend Fund (AGD) Overvalued in 2026?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund stock appears to be undervalued.
The current stock price of $11.91 is trading 54.7% below its estimated GF Value™ of $26.27.
GuruFocus considers Aberdeen Global Dynamic Dividend Fund to be Significantly Undervalued.
Key valuation signals for AGD:
Beta: -0.1575
GF Value™: $26.27 vs. price of $11.91 (54.7% below fair value)
No single metric tells the full story. See the AGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aberdeen Global Dynamic Dividend Fund Business Description
Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current dividend income, more than 50% of which qualifies for the reduced federal income tax rate, as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The fund also focuses on the long-term growth of capital as a secondary investment objective. The fund's portfolio holdings are in information technology, financials, health care, and consumer discretionary sectors, among others.
41GF Score
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