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LSFG (Lifestore Financial Group) Beta : N/A (As of Dec. 11, 2024)


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What is Lifestore Financial Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), Lifestore Financial Group's Beta is Not available.


Lifestore Financial Group Beta Historical Data

The historical data trend for Lifestore Financial 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.

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Lifestore Financial Group Beta Chart

Lifestore Financial Group Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.15 1.17 0.21 -0.08

Lifestore Financial Group Semi-Annual Data
Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
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 1.24 1.15 1.17 0.21 -0.08

Competitive Comparison of Lifestore Financial Group's Beta

For the Banks - Regional subindustry, Lifestore Financial 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.


Lifestore Financial Group's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lifestore Financial Group's Beta distribution charts can be found below:

* The bar in red indicates where Lifestore Financial Group's Beta falls into.



Lifestore Financial 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.


Lifestore Financial Group  (OTCPK:LSFG) 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)


Lifestore Financial Group Beta Related Terms

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Lifestore Financial Group Business Description

Traded in Other Exchanges
N/A
Address
21 East Ashe Street, P.O. Box 26, West Jefferson, NC, USA, 28694
Lifestore Financial Group Inc through its subsidiaries, is engaged in providing banking and insurance services. The company offers full-service banking services designed to meet the needs of retail and commercial customers. It also acts as an independent insurance agency offering traditional property and casualty, life, and health insurance products. It operates in two business segments; Banking and Insurance.

Lifestore Financial Group Headlines

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