Corporacion Industrial de Energia CA (CAR:CIE) Beta: N/A (As of Jun. 26, 2026)


What is Corporacion Industrial de Energia CA Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Corporacion Industrial de Energia CA's Beta is Not available.

Corporacion Industrial de Energia CA  (CAR:CIE) 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)

Corporacion Industrial de Energia CA Beta Related Terms

Corporacion Industrial de Energia CA Beta Historical Data

* Premium members only.

The historical data trend for Corporacion Industrial de Energia CA'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.

Corporacion Industrial de Energia CA Beta Chart

Corporacion Industrial de Energia CA Annual Data
Trend
Beta

Corporacion Industrial de Energia CA Quarterly Data
Beta

Corporacion Industrial de Energia CA 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.

Corporacion Industrial de Energia CA Business Description

Address Av. Francisco de Miranda, con Av. El Parque, Edif. Torre Country Club, Piso 12, Urb. El Bosque, Chacaito, Caracas, VEN
Corporacion Industrial de Energia CA is engaged in electric, gas and water services.