Commerce Energy Group (Commerce Energy Group) Beta : -65.68 (As of May. 24, 2024)

Commerce Energy Group Beta Chart

Commerce Energy Group Annual Data
	Trend	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul07	Jul08
Beta		Get a 7-Day Free Trial				-	-	2.47	0.73	1.45

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Beta	Get a 7-Day Free Trial															-0.04	1.45	1.48	1.86	5.30

Competitive Comparison of Commerce Energy Group's Beta

For the Utilities - Diversified subindustry, Commerce Energy Group'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.

Commerce Energy Group's Beta Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Beta distribution charts can be found below:

* The bar in red indicates where Commerce Energy Group's Beta falls into.

Commerce Energy Group 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.

Commerce Energy Group  (OTCPK:CMNR) 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)

Commerce Energy Group Beta Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description