SELECT * FROM `stock_list` WHERE `symbol` = "HRGN" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 SELECT * FROM `stock_list` where symbol='HRGN' AND exchange = 'OTCPK' limit 0,1 SELECT * FROM `stock_list` WHERE `symbol` = "HRGN" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
HRGN (Harvard Apparatus Regenerative Technology) Beta
What is Harvard Apparatus Regenerative Technology Beta?
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-01), Harvard Apparatus Regenerative Technology's Beta is -0.61.
Harvard Apparatus Regenerative Technology Beta Historical Data
* 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.
* 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.
Harvard Apparatus Regenerative Technology's Beta Distribution in the Biotechnology Industry
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.
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)
Harvard Apparatus Regenerative Technology Beta Related Terms
Thank you for viewing the detailed overview of Harvard Apparatus Regenerative Technology's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
Harvard Apparatus Regenerative Technology (Harvard Apparatus Regenerative Technology) Business Description
Harvard Apparatus Regenerative Technology Inc is a clinical-stage biotechnology company developing regenerative-medicine treatments for disorders of the gastrointestinal system and the airway resulting from cancer, trauma, or birth defects. The company's technology is based on its proprietary cell-therapy platform that uses a patient's own stem cells to regenerate and restore function to damaged organs.
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