NV Energy (FRA:SRQ) Beta : N/A (As of Jun. 23, 2024)

View and export this data going back to . Start your Free Trial

What is NV Energy Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-23), NV Energy's Beta is Not available.

NV Energy Beta Historical Data

The historical data trend for NV Energy'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.

* Premium members only.

NV Energy Beta Chart

NV Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Beta

Get a 7-Day Free Trial

NV Energy Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Beta	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of NV Energy's Beta

For the Utilities - Regulated Electric subindustry, NV Energy'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.

NV Energy's Beta Distribution in the Utilities - Regulated Industry

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

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

NV Energy 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.

NV Energy (FRA:SRQ) 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)

NV Energy Beta Related Terms

Thank you for viewing the detailed overview of NV Energy's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

NV Energy (FRA:SRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » NV Energy Inc (FRA:SRQ) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.nvenergy.com

NV Energy, Inc., is an investor-owned holding Company that was incorporated under Nevada law on December 12, 1983. The Company has four main, wholly-owned subsidiaries: Nevada Power Company d/b/a NV Energy, Sierra Pacific Power Company d/b/a NV Energy, NVE Insurance Company, Inc. and Lands of Sierra. The Company's Utilities operate three regulated business segments which are NPC electric, SPPC electric and SPPC natural gas. The Utilities are public utilities engaged in the generation, transmission, distribution and sale of electricity and, in the case of SPPC, sale of natural gas. NPC and SPPC are public utilities that generate, transmit and distribute electric energy in Nevada and, in the case of SPPC also deliver natural gas service. At year-end 2011, NVE served approximately 1.2 million electric customers, of which 840,000 electric customers primarily in Las Vegas, North Las Vegas, Henderson and adjoining areas were served by NPC, and approximately 323,000 electric customers in an approximate 50,000 square mile area of western, central and northeastern Nevada, including the cities of Reno, Sparks, Carson City, and Elko were served by SPPC. Additionally, SPPC provided natural gas service to approximately 152,000 customers in an area of about 800 square miles in Nevada's Reno/Sparks area. Major industries served by the Utilities include gaming/recreation, mining, warehousing/manufacturing and governmental entities. The Utilities are subject to extensive federal, state and local laws and regulations relating to environmental protection.

NV Energy (FRA:SRQ) Headlines

No Headlines