Jupiter Marine International Holdings (Jupiter Marine International Holdings) Beta : 2.19 (As of Jun. 24, 2024)

Jupiter Marine International Holdings Beta Chart

Jupiter Marine International Holdings Quarterly Data
	Oct01	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07
Beta	Get a 7-Day Free Trial													0.31	0.67	1.22	0.40	0.24

Competitive Comparison of Jupiter Marine International Holdings's Beta

For the Leisure subindustry, Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Beta falls into.

Jupiter Marine International Holdings 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.

Jupiter Marine International Holdings  (OTCPK:JMIH) 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)

Jupiter Marine International Holdings Beta Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description