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Aether Global Innovations (FRA:4XA0) Beta : 4.92 (As of Mar. 05, 2025)


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What is Aether Global Innovations Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-05), Aether Global Innovations's Beta is 4.92.


Aether Global Innovations Beta Historical Data

The historical data trend for Aether Global Innovations'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.

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Aether Global Innovations Beta Chart

Aether Global Innovations Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.41 1.51 2.74

Aether Global Innovations Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.85 2.74 1.84 4.83

Competitive Comparison of Aether Global Innovations's Beta

For the Security & Protection Services subindustry, Aether Global Innovations'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.


Aether Global Innovations's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's Beta distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's Beta falls into.



Aether Global Innovations 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.


Aether Global Innovations  (FRA:4XA0) 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)


Aether Global Innovations Beta Related Terms

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Aether Global Innovations Business Description

Traded in Other Exchanges
Address
1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5
Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses on three areas critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure, and technology for autonomous self-landing, power charging, and take-off.

Aether Global Innovations Headlines

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