Healthcare Solutions Management Group (Healthcare Solutions Management Group) Beta : N/A (As of Jun. 05, 2024)

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What is Healthcare Solutions Management Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-05), Healthcare Solutions Management Group's Beta is Not available.

Healthcare Solutions Management Group Beta Historical Data

The historical data trend for Healthcare Solutions Management Group'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.

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Healthcare Solutions Management Group Beta Chart

Healthcare Solutions Management Group Annual Data

Trend

Sep20

Sep21

Beta

Healthcare Solutions Management Group Quarterly Data
	Jun20	Sep20	Jun21	Sep21
Beta	-	-	-	-

Competitive Comparison of Healthcare Solutions Management Group's Beta

For the Medical Care Facilities subindustry, Healthcare Solutions Management Group'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.

Healthcare Solutions Management Group's Beta Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Solutions Management Group's Beta distribution charts can be found below:

* The bar in red indicates where Healthcare Solutions Management Group's Beta falls into.

Healthcare Solutions Management Group 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.

Healthcare Solutions Management Group (OTCPK:HSMD) 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)

Healthcare Solutions Management Group Beta Related Terms

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Healthcare Solutions Management Group (Healthcare Solutions Management Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healthcare Solutions Management Group Inc (OTCPK:HSMD) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 School Street, Suite 303, Glen Cove, NY, USA, 11542

Website

https://hshmedical.com

Healthcare Solutions Management Group Inc is an integrated healthcare company committed to empowering physicians and clinicians with diagnostic and therapeutic tools, providing all patients access to advanced, affordable, comprehensive care.

Executives

William M Wright	director, 10 percent owner, officer: President/CEO	3256 CHICO WAY NW BREMERTON WA 98312
Take Flight Equities, Inc.	10 percent owner	4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Tracy Dean Bushnell	director	4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Gary Edward Ball	director, 10 percent owner, officer: President	15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
Gary L Bane	director	2015 EDGEWATER WAY SANTA BARBARA CA 93109
Wendy S Ball	director, 10 percent owner	15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
James Robert Watson	director	28168 RIDGE COVE COURT RANCHO PALOS VERDES CA 90275