ARMM (Current Energy and Renewables) Beta: 9.1645 (As of Jun. 25, 2026)


What is Current Energy and Renewables Beta?

Current Energy and Renewables ARMM -91.00% Beta is 9.1645 as of Jun. 25, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Current Energy and Renewables's Beta is 9.1645.

Current Energy and Renewables  (OTCPK:ARMM) 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)

Current Energy and Renewables Beta Related Terms

Current Energy and Renewables Beta Historical Data

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The historical data trend for Current Energy and Renewables'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.

Current Energy and Renewables Beta Chart

Current Energy and Renewables Annual Data
Trend
Beta

Current Energy and Renewables Semi-Annual Data
Beta

ARMM vs : Beta Comparison

For the Utilities - Renewable subindustry, Current Energy and Renewables'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.

Current Energy and Renewables Beta vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Current Energy and Renewables's Beta distribution charts can be found below:

* The bar in red indicates where Current Energy and Renewables's Beta falls into.


Current Energy and Renewables 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 9.1645 mean?
Current Energy and Renewables (ARMM) has a Beta of 9.1645 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Current Energy and Renewables and its competitors.
Is Current Energy and Renewables' Beta too high?
Current Energy and Renewables' current Beta is 9.1645.
How does Current Energy and Renewables' Beta compare to ?
Current Energy and Renewables' Beta of 9.1645 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Beta depends on the Utilities - Independent Power Producers 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 Current Energy and Renewables and its competitors. Current Energy and Renewables's current Beta is 9.1645. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Current Energy and Renewables stock overvalued right now?
Current Energy and Renewables (ARMM) has a current Beta of 9.1645. The current Beta is 9.1645. 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 Current Energy and Renewables (ARMM), the current Beta is 9.1645 as of Jun. 25, 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.

Current Energy and Renewables Business Description

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Address 5 Cowboys Way, Suite 300, Frisko, TX, USA, 75034
Current Energy and Renewables Corp is a supplier of renewable and traditional energy to commercial and industrial clients in deregulated markets. It provides traditional and renewable energy to large and small commercial and industrial customers.