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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-29), OM Group's Beta is Not available.
The historical data trend for OM 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.
OM Group Annual Data | |||||||||||||||||||||
Trend | Dec05 | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | |||||||||||
Beta | Get a 7-Day Free Trial | 1.67 | 1.87 | 1.76 | 1.87 | 2.08 |
OM Group Quarterly Data | ||||||||||||||||||||
Sep10 | Dec10 | Mar11 | Jun11 | Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | |
Beta | Get a 7-Day Free Trial | 2.08 | 2.02 | 2.08 | 1.77 | 0.79 |
For the Specialty Chemicals subindustry, OM 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.
For the Chemicals industry and Basic Materials sector, OM Group's Beta distribution charts can be found below:
* The bar in red indicates where OM Group's Beta falls into.
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.
OM Group (NYSE:OMG) 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)
Thank you for viewing the detailed overview of OM Group's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
Joseph Scaminace | director, officer: Chairman and CEO | C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115 |
Carl R Christenson | director | C/O ALTRA INDUSTRIAL MOTION INC., 300 GRANITE STREET, BRAINTREE MA 02184 |
Betz Hans Georg Dr | director | 47957 AVALON HEIGHTS TERR, FREMONT CA 94539 |
Patrick S. Mullin | director | 1500 KEY TOWER, 127 PUBLIC SQUARE, CLEVELAND OH 44114 |
Valerie Gentile Sachs | officer: VP, Gen. Counsel & Secretary | 5555 DARROW RD, HUDSON OH 44236 |
Joseph M Gingo | director | 3550 WEST MARKET STREET, AKRON OH 44333 |
Katharine Plourde | director | 120 EAST END AVE, NEW YORK NY 10028 |
Christopher M Hix | officer: VP and Chief Financial Officer | 2160 SATELLITE BLVD., SUITE 200, DULUTH GA 30097 |
Allen A Spizzo | director | 1313 N MARKET ST, WILMINGTON DE 19894 |
David B Knowles | officer: President and COO | 1293 SOUTH MAIN STREET, AKRON OH 44301 |
Steven J. Demetriou | director | 25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44102 |
Stephen Dunmead | officer: VP, Gen Mgr., Specialties | C/O OM GROUP INC TOWER CITY, 3500 TERMINAL TOWER 50 PUBLIC SQUARE, CLEVELAND OH 44113-2204 |
David L Pugh | director | ONE APPLIED PLZ, CLEVELAND OH 44115-5056 |
R Louis Schneeberger | officer: Chief Financial Officer | 7005 COCHRAN ROAD, GLENWILLOW OH 44139 |
Thomas R Miklich | officer: Chief Financial Officer | C/O OM GROUP INC 50 PACIFIC SQUARE #3500 CLEVELAND OH 44113 |
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