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Barryroe Offshore Energy (LSE:BEY) Beta : N/A (As of May. 25, 2024)


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What is Barryroe Offshore Energy Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-25), Barryroe Offshore Energy's Beta is Not available.


Barryroe Offshore Energy Beta Historical Data

The historical data trend for Barryroe Offshore Energy'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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Barryroe Offshore Energy Beta Chart

Barryroe Offshore Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.34 1.51 1.04 -

Barryroe Offshore Energy Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Beta Get a 7-Day Free Trial 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 2.38 1.04 - - -

Competitive Comparison of Barryroe Offshore Energy's Beta

For the Oil & Gas E&P subindustry, Barryroe Offshore Energy'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.


Barryroe Offshore Energy's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Barryroe Offshore Energy's Beta distribution charts can be found below:

* The bar in red indicates where Barryroe Offshore Energy's Beta falls into.



Barryroe Offshore Energy 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.


Barryroe Offshore Energy  (LSE:BEY) 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)


Barryroe Offshore Energy Beta Related Terms

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Barryroe Offshore Energy (LSE:BEY) Business Description

Traded in Other Exchanges
N/A
Address
Corrig Road, Sandyford Business Park, Paramount Court, Dublin, IRL, D18 R9C7
Barryroe Offshore Energy PLC is an Irish-based oil and gas exploration company with a portfolio of appraisal and exploration assets located offshore Ireland. Its projects include Barryroe, North Celtic Sea; Diablo, Southern Porcupine; Dunquin South, Southern Porcupine; Newgrange, Goban Spur; Avalon, Southern Porcupine; and others. The company's only reportable segment is the Republic of Ireland's exploration assets.

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