Encompass Holdings (Encompass Holdings) Beta : -10.02 (As of May. 28, 2024)

Encompass Holdings Beta Chart

Encompass Holdings Annual Data
	Trend	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Jun05	Jun06	Jun07
Beta		Get a 7-Day Free Trial					697.07	625.81	443.59	5.39	6.27

Encompass Holdings Quarterly Data
	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Mar08
Beta	Get a 7-Day Free Trial															8.08	8.57	6.27	7.20	5.79

Competitive Comparison of Encompass Holdings's Beta

For the Leisure subindustry, Encompass 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.

Encompass Holdings's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Encompass Holdings's Beta distribution charts can be found below:

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

Encompass 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.

Encompass Holdings  (OTCPK:ECMH) 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)

Encompass Holdings Beta Related Terms

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Encompass Holdings (Encompass Holdings) Business Description