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Iron Spark I (Iron Spark I) Beta : N/A (As of Jun. 13, 2024)


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What is Iron Spark I Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-13), Iron Spark I's Beta is Not available.


Iron Spark I Beta Historical Data

The historical data trend for Iron Spark I'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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Iron Spark I Beta Chart

Iron Spark I Annual Data
Trend Dec21
Beta
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Iron Spark I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of Iron Spark I's Beta

For the Shell Companies subindustry, Iron Spark I'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.


Iron Spark I's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Iron Spark I's Beta distribution charts can be found below:

* The bar in red indicates where Iron Spark I's Beta falls into.



Iron Spark I 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.


Iron Spark I  (NAS:ISAA) 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)


Iron Spark I Beta Related Terms

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Iron Spark I (Iron Spark I) Business Description

Traded in Other Exchanges
N/A
Address
125 N Cache Street, 2nd Floor, Box 3789, Jackson, WY, USA, 83001
Iron Spark I Inc is a blank check company. It is formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Jay Margolis director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Joshua L Spear director, 10 percent owner, officer: CEO 125 N CACHE STREET, JACKSON WY 83001
Alexander P Oxman 10 percent owner, officer: CFO and COO 125 N CACHE STREET, JACKSON WY 83001
Ruma Bose director 125 N CACHE STREET, JACKSON WY 83001
Iron Spark I Llc 10 percent owner 125 N CACHE STREET, JACKSON WY 83001

Iron Spark I (Iron Spark I) Headlines

From GuruFocus

Iron Spark I Inc. Announces Quarterly Cash Dividend

By Business Wire Business Wire 06-28-2021

Iron Spark I Inc. Announces Quarterly Cash Dividend

By Business Wire Business Wire 03-28-2022

Iron Spark I Inc. Announces Quarterly Cash Dividend

By Business Wire Business Wire 12-28-2021

Iron Spark I Inc. to Liquidate

By Business Wire Business Wire 12-21-2022

Iron Spark I Inc. Announces Quarterly Cash Dividend

By Business Wire Business Wire 06-27-2022

Iron Spark I Inc. Announces Closing of Over-Allotment Option

By Business Wire Business Wire 07-15-2021

Iron Spark I Inc. Announces Quarterly Cash Dividend

By Business Wire Business Wire 09-29-2021