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IDEX (NYSE:IEX) Beta

: 0.93 (As of Today)
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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2022-11-27), IDEX's Beta is 0.93.


IDEX (NYSE:IEX) Beta Historical Data

The historical data trend for IDEX'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.

IDEX Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beta Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.43 1.23 1.04 0.99

IDEX Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Beta 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 Premium Member Only Premium Member Only Premium Member Only 1.06 0.99 1.02 0.93 0.92

IDEX (NYSE:IEX) Beta Competitive Comparison

For the Specialty Industrial Machinery subindustry, IDEX'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.

   

IDEX (NYSE:IEX) Beta Distribution

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

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



IDEX 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.


IDEX  (NYSE:IEX) 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)


IDEX Beta Related Terms

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


IDEX (NYSE:IEX) Business Description

IDEX logo
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire & safety, life science, and water. The firm's business is organized into three segments: fluid & metering technologies, health & science technologies, and fire & safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.8 billion in revenue and $661 million in adjusted operating income in 2021.
Executives
Watts Stanfield Paris director 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Gunter Lakecia N director 3100 SANDER ROAD SUITE 301 NORTHBROOK IL 60062
Satterthwaite Livingston director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Parry David C director 155 HARLEM AVE. GLENVIEW IL 60025
Beck Mark A director 2200 PENNSYLVANIA AVENUE, NW SUITE 800W WASHINGTON DC 20037
Christenson Carl R director C/O ALTRA INDUSTRIAL MOTION INC. 300 GRANITE STREET BRAINTREE MA 02184
Helmkamp Katrina L director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Cook William M director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Buthman Mark A director P O BOX 619100 DALLAS TX 752619100
Unnikrishnan Roopa officer: SVP, Strategy&Corp Development 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Anderson Lisa M officer: SVP, General Counsel &Corp Sec 3100 SANDERS ROAD SUITE 301 NORTHBROOK IL 60062
Lausas Allison S officer: VP, Chief Accounting Officer C/O SUNCOKE ENERGY, INC. 1011 WARRENVILLE ROAD, SUITE 600 LISLE IL 60532
Flores Melissa S officer: SVP-Chief HR Officer 3100 SANDER ROAD SUITE 301 NORTHBROOK IL 60062
Warner Cynthia J director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Mrozek Ernest J director SERVICE MASTER 2300 WARRENVILLE ROAD DOWNERS GROVE IL 60515

IDEX (NYSE:IEX) Headlines

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