CAVG (ACC Aviation Holdings) Beta: -5.3683 (As of Jun. 24, 2026)

ACC Aviation Holdings  (OTCPK:CAVG) 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)

ACC Aviation Holdings Beta Related Terms

The historical data trend for ACC Aviation 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.

ACC Aviation Holdings Beta Chart

ACC Aviation Holdings Annual Data
	Trend	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec17	Dec18	Dec19
Beta		Get a 7-Day Free Trial					0.76	1.38	0.75	-47.06	-39.24

ACC Aviation Holdings Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Sep22	Sep23
Beta	Get a 7-Day Free Trial															-39.10	-38.52	-39.24	4.17	4.06

CAVG vs THCP, IXAQ, TBMC: Beta Comparison

For the Shell Companies subindustry, ACC Aviation 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.

ACC Aviation Holdings Beta vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACC Aviation Holdings's Beta distribution charts can be found below:

* The bar in red indicates where ACC Aviation Holdings's Beta falls into.

ACC Aviation 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.

ACC Aviation Holdings Business Description