OMID (Omid Holdings) Beta: 3.0126 (As of Jun. 26, 2026)


What is Omid Holdings Beta?

Omid Holdings OMID -0.01% Beta is 3.0126 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Omid Holdings's Beta is 3.0126.

Omid Holdings  (OTCPK:OMID) 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)

Omid Holdings Beta Related Terms

Omid Holdings Beta Historical Data

* Premium members only.

The historical data trend for Omid Holdings'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.

Omid Holdings Beta Chart

Omid Holdings Annual Data
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Omid Holdings Quarterly Data
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Omid Holdings Beta Competitor Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Omid Holdings'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.

Omid Holdings Beta vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Omid Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Omid Holdings's Beta falls into.


Omid Holdings 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 3.0126 mean?
Omid Holdings (OMID) has a Beta of 3.0126 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Omid Holdings and its competitors.
Is Omid Holdings' Beta too high?
Omid Holdings' current Beta is 3.0126.
How does Omid Holdings' Beta compare to competitors?
Omid Holdings' Beta of 3.0126 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Drug Manufacturers company?
A good Beta depends on the Drug Manufacturers industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Omid Holdings and its competitors. Omid Holdings's current Beta is 3.0126. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omid Holdings stock overvalued right now?
Omid Holdings (OMID) has a current Beta of 3.0126. The current Beta is 3.0126. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Omid Holdings (OMID), the current Beta is 3.0126 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Omid Holdings Business Description

Address 1130 Springtown Road, Suite B, Phillipsburg, NJ, USA, 08865
Omid Holdings Inc is a publicly-traded health and wellness company that operates a GMP-certified manufacturing facility in Alpha, NJ. The company utilizes its strengths in research, design, development, manufacturing, and marketing to produce a types of products for its internal brands. The company also offers its services as a contract manufacturer for private label brands. With a diverse portfolio of product types, OMID specializes in formulations that contain cannabis extracts as well as other herbal ingredients. The company's objective is to provide quality, integrity, and value to its clients in all of its finished consumer goods.