ETCC (Environmental Tectonics) Beta: 3.1814 (As of Jun. 25, 2026)

Environmental Tectonics  (OTCPK:ETCC) 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)

Environmental Tectonics Beta Related Terms

The historical data trend for Environmental Tectonics'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.

Environmental Tectonics Beta Chart

Environmental Tectonics Annual Data
	Trend	Feb05	Feb06	Feb07	Feb08	Feb09	Feb10	Feb11	Feb12	Feb22	Feb23
Beta		Get a 7-Day Free Trial					0.34	0.21	-0.39	0.89	-0.11

Environmental Tectonics Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb22	Aug22	Feb23	Aug23	May24	May25
Beta	Get a 7-Day Free Trial															0.38	-0.11	0.08	0.04	-0.32

ETCC vs XERI, DUKR, PRZO: Beta Comparison

For the Aerospace & Defense subindustry, Environmental Tectonics'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.

Environmental Tectonics Beta vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Environmental Tectonics's Beta distribution charts can be found below:

* The bar in red indicates where Environmental Tectonics's Beta falls into.

Environmental Tectonics 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.

Environmental Tectonics Business Description