Ocean Harvest Technology Group (LSE:OHT) Beta : N/A (As of Jun. 20, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ocean Harvest Technology Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-20), Ocean Harvest Technology Group's Beta is Not available.

Ocean Harvest Technology Group Beta Historical Data

The historical data trend for Ocean Harvest Technology Group'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.

Ocean Harvest Technology Group Beta Chart

Ocean Harvest Technology Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Beta

Ocean Harvest Technology Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Beta	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Ocean Harvest Technology Group's Beta

For the Packaged Foods subindustry, Ocean Harvest Technology Group'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.

Ocean Harvest Technology Group's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean Harvest Technology Group's Beta distribution charts can be found below:

* The bar in red indicates where Ocean Harvest Technology Group's Beta falls into.

Ocean Harvest Technology Group 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.

Ocean Harvest Technology Group (LSE:OHT) 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)

Ocean Harvest Technology Group Beta Related Terms

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

Ocean Harvest Technology Group (LSE:OHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean Harvest Technology Group PLC (LSE:OHT) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

1650 Waterside Drive Arlington Business Park, Theale, Reading, GBR, RG7 4SA

Website

https://www.oceanharvesttechnology.com

Ocean Harvest Technology Group PLC is a commercial-scale producer of seaweed blend ingredients for the animal feed market. It produces seaweed blend ingredients for animal feed under the brand name OceanFeed feed ingredients for multiple species of animals.

Ocean Harvest Technology Group (LSE:OHT) Headlines

No Headlines