Clere AG (HAM:CAG0) Beta : 0.16 (As of Jun. 23, 2024)

Clere AG Beta Chart

Clere AG Annual Data
	Trend	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Beta		Get a 7-Day Free Trial					-	-	-	-	-

Clere AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Jun13	Jun14	Jun15	Jun16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Beta	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Clere AG's Beta

For the Utilities - Renewable subindustry, Clere AG'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.

Clere AG's Beta Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clere AG's Beta distribution charts can be found below:

* The bar in red indicates where Clere AG's Beta falls into.

Clere AG 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.

Clere AG  (HAM:CAG0) 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)

Clere AG Beta Related Terms

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

Clere AG (HAM:CAG0) Business Description