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Anadigics (Anadigics) Beta : N/A (As of May. 04, 2024)


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What is Anadigics Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-04), Anadigics's Beta is Not available.


Anadigics Beta Historical Data

The historical data trend for Anadigics'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.

* Premium members only.

Anadigics Beta Chart

Anadigics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 2.06 1.43 0.06 0.01

Anadigics Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 -0.89 -1.13 0.67 0.01

Competitive Comparison of Anadigics's Beta

For the Semiconductors subindustry, Anadigics'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.


Anadigics's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Anadigics's Beta distribution charts can be found below:

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



Anadigics 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.


Anadigics  (NAS:ANAD) 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)


Anadigics Beta Related Terms

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Anadigics (Anadigics) Business Description

Traded in Other Exchanges
N/A
Address
Anadigics Inc was incorporated in the state of Delaware in 1984. The Company designs and manufactures radio frequency semiconductor solutions for cellular, WiFi, wireless infrastructure and CATV applications. It also design, develop and manufacture RFICs using GaAs compound semiconductor substrates with various process technologies, MESFET, pHEMT and HBT. The Company is focused on enabling communications connectivity with RF solutions that offer greater performance and integration to enhance the user's experience. It is a customer-centric organization that works closely with equipment manufacturers, such as OEMs and ODMs. Its product portfolio includes power amplifiers, FEICs, FEMs and line amplifiers. Its products are optimized for wireless and infrastructure communications applications including; its cellular power amplifiers and FEMs enable mobile handsets, smartphones, tablets, notebooks, datacards, automotive, M2M, and industrial devices to access 3G and 4G wireless networks. These networks operate on international standards, such as LTE, HSPA, WCDMA, EVDO, CDMA, and WiMAX; its WiFi FEICs and power amplifiers enable wireless LAN connectivity for mobile, multimedia and infrastructure devices, including smartphones, tablets, notebooks, televisions, set-top boxes, modems, routers, and access points. These solutions are optimized for the latest WiFi standards, including 802.11ac and 802.11n; and its infrastructure solutions include both wireless infrastructure and CATV products; wireless infrastructure power amplifiers enable 3G and 4G small-cell base stations, and CATV line amplifiers and other RF products provide the critical link in CATV network infrastructure devices, as well as set-top boxes and cable modems. The Company's product line includes as per market; its Cellular product line includes power amplifier modules for CDMA/EVDO, GSM/EDGE, WCDMA/HSPA, LTE and other wireless technologies for mobile handsets and data device; its WiFi products include power amplifiers and front-end ICs for mobile handsets, data devices, entertainment devices, routers, access points and base stations; and its Infrastructure product line encompasses video, voice and data telecommunications systems, consisting of CATV, and Wireless Infrastructure applications. Its products are sold mainly to direct customers. Additionally it uses independent manufacturers' representatives and distributors for direct sales and customer support efforts. GaAs wafers, HBT/pHEMT epitaxial wafers, passive components, other raw materials, and equipment used in the production of ICs are available from a limited number of sources. It competes with companies including Avago Technologies Limited, RF Micro Devices, Inc., Skyworks Solutions, Inc. and TriQuint Semiconductor, Inc. The Company's operations are subject to federal, state and local environmental laws, regulations and ordinances.
Executives
Richard B Kelson director MEADWESTVACO CORPORATION, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Dennis F Strigl director 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Lewis Solomon director
Mario Rivas other: Former President & CEO 141 MT. BETHEL ROAD, WARREN NJ 07059
Gilles Delfassy director ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Bami Bastani director, officer: CEO

Anadigics (Anadigics) Headlines

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