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McDermott International (McDermott International) Beta : N/A (As of Apr. 29, 2024)


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What is McDermott International Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-29), McDermott International's Beta is Not available.


McDermott International Beta Historical Data

The historical data trend for McDermott International'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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McDermott International Beta Chart

McDermott International Annual Data
Trend
Beta

McDermott International Semi-Annual Data
Beta

Competitive Comparison of McDermott International's Beta

For the Engineering & Construction subindustry, McDermott International'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.


McDermott International's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, McDermott International's Beta distribution charts can be found below:

* The bar in red indicates where McDermott International's Beta falls into.



McDermott International 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.


McDermott International  (OTCPK:MCDTF) 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)


McDermott International Beta Related Terms

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McDermott International (McDermott International) Business Description

Comparable Companies
Traded in Other Exchanges
Address
915 N. Eldridge Parkway, Houston, TX, USA, 77079
McDermott International Ltd is a fully-integrated provider of engineering and construction solutions to the energy industry. The company provides fabrication services, field construction services, modular construction services, supply chain management, and consulting services.

McDermott International (McDermott International) Headlines