Universal Insurance Co (KAR:UVIC) Beta: N/A (As of Jun. 27, 2026)


What is Universal Insurance Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Universal Insurance Co's Beta is Not available.

Universal Insurance Co  (KAR:UVIC) 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)

Universal Insurance Co Beta Related Terms

Universal Insurance Co Beta Historical Data

* Premium members only.

The historical data trend for Universal Insurance Co'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.

Universal Insurance Co Beta Chart

Universal Insurance Co Annual Data
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Universal Insurance Co Quarterly Data
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Universal Insurance Co 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.

Universal Insurance Co Business Description

Address 63-Shahrah-e-Quaid-e-Azam, Universal Insurance House, Lahore, PAK, 54000
Universal Insurance Co Ltd provides insurance services & is in the non-life insurance business. The company has four operating segments. Fire & property damage insurance provides coverage against damages caused by fire, riot & strike, explosion, earthquake, atmospheric damage, flood, electric fluctuations & other related perils. Marine & transport insurance provides coverage against cargo risk, war risk, damages occurring in inland transit & other related perils. Motor insurance provides comprehensive car coverage, indemnity against third-party loss & other related coverages. Other insurance provides coverage against burglary, loss of cash-in-safe & cash-in-transit, engineering losses & other coverages. The majority is from the Motor segment.