Sky High (LSE:SKHG) Beta : N/A (As of Jun. 15, 2024)

Sky High Beta Chart

Sky High Annual Data
	Trend	Dec02	Jun04	Jun05	Jun06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12
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Sky High Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12
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Competitive Comparison of Sky High's Beta

For the Specialty Business Services subindustry, Sky High'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.

Sky High's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sky High's Beta distribution charts can be found below:

* The bar in red indicates where Sky High's Beta falls into.

Sky High 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.

Sky High  (LSE:SKHG) 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)

Sky High Beta Related Terms

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Sky High (LSE:SKHG) Business Description