GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Greystone Housing Impact Investors LP (NYSE:GHI) » Definitions » Beta

GHI (Greystone Housing Impact Investors LP) Beta : 0.49 (As of Dec. 15, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Greystone Housing Impact Investors LP Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Greystone Housing Impact Investors LP's Beta is 0.49.


Greystone Housing Impact Investors LP Beta Historical Data

The historical data trend for Greystone Housing Impact Investors LP'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.

Greystone Housing Impact Investors LP Beta Chart

Greystone Housing Impact Investors LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.53 0.87 0.73 0.71

Greystone Housing Impact Investors LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.73 0.71 0.62 0.58 0.55

Competitive Comparison of Greystone Housing Impact Investors LP's Beta

For the Mortgage Finance subindustry, Greystone Housing Impact Investors LP'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.


Greystone Housing Impact Investors LP's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Greystone Housing Impact Investors LP's Beta distribution charts can be found below:

* The bar in red indicates where Greystone Housing Impact Investors LP's Beta falls into.



Greystone Housing Impact Investors LP 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.


Greystone Housing Impact Investors LP  (NYSE:GHI) 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)


Greystone Housing Impact Investors LP Beta Related Terms

Thank you for viewing the detailed overview of Greystone Housing Impact Investors LP's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Greystone Housing Impact Investors LP Business Description

Traded in Other Exchanges
N/A
Address
14301 FNB Parkway, Suite 211, Omaha, NE, USA, 68154
Greystone Housing Impact Investors LP engaged in acquiring a portfolio of mortgage revenue bonds (MRBs) that are issued by state and local housing authorities to provide construction and/or permanent financing for affordable multifamily housing, seniors housing, and commercial properties. It has four reportable segments, namely Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. It generates the majority of its revenue from the Affordable Multifamily MRB Investments segment.
Executives
Kenneth Rogozinski officer: Chief Investment Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Robert Keith Jacobsen director 99 VIA LOS ALTOS, TIBURON CA 94920
Hafize Gaye Erkan director 727 FIFTH AVENUE, NEW YORK NY 10022
Deborah A Wilson director 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Stephen Rosenberg director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Jeffrey Baevsky director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Chad L Daffer officer: Chief Executive Officer 1004 FARNAM STREET, STE 400, OMAHA NE 68102
Jesse A. Coury officer: Interim CFO 14301 FNB PARKWAY, SUITE 211, OMAHA NE 68154
Curtis Pollock director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
William Mando director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Drew Fletcher director 1004 FARNAM STREET, SUITE 400, OMAHA NE 68102
Steven C Lilly director 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Lisa Y Roskens officer: Chairman,President,CEOofGPofGP, other: Director of GP of GP
William S Carter director
George H Krauss director AMERICA FIRST COMPANIES, 2850 WOODMEN TOWER, OMAHA NE 68102