Federal Screw Works (Federal Screw Works) Beta : 1.09 (As of May. 20, 2024)

Federal Screw Works Beta Chart

Federal Screw Works Annual Data
	Trend	Jun95	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04
Beta		Get a 7-Day Free Trial					-	-0.08	-0.17	-0.04	-0.01

Federal Screw Works Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Beta	Get a 7-Day Free Trial															0.03	-0.01	-0.01	-0.03	-0.05

Competitive Comparison of Federal Screw Works's Beta

For the Tools & Accessories subindustry, Federal Screw Works'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.

Federal Screw Works's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Beta distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Beta falls into.

Federal Screw Works 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.

Federal Screw Works  (OTCPK:FSCR) 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)

Federal Screw Works Beta Related Terms

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Federal Screw Works (Federal Screw Works) Business Description