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Orion Office REIT (Orion Office REIT) Beta : N/A (As of Apr. 30, 2024)


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What is Orion Office REIT Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-30), Orion Office REIT's Beta is Not available.


Orion Office REIT Beta Historical Data

The historical data trend for Orion Office REIT'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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Orion Office REIT Beta Chart

Orion Office REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Orion Office REIT Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Orion Office REIT's Beta

For the REIT - Office subindustry, Orion Office REIT'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.


Orion Office REIT's Beta Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Orion Office REIT's Beta distribution charts can be found below:

* The bar in red indicates where Orion Office REIT's Beta falls into.



Orion Office REIT 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.


Orion Office REIT  (NYSE:ONL) 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)


Orion Office REIT Beta Related Terms

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Orion Office REIT (Orion Office REIT) Business Description

Traded in Other Exchanges
Address
2398 East Camelback Road, Suite 1060, Phoenix, AZ, USA, 85016
Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased on a single-tenant net lease basis to creditworthy clients. The Company operates in one business segment: direct ownership and operation of commercial real estate.
Executives
Christopher Haviland Day officer: SEE REMARKS C/O REALTY INCOME CORPORATION, 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Revea Lynn Schmidt officer: See Remarks. C/O ORION OFFICE REIT, INC., 2325 E. CAMELBACK ROAD, SUITE 850, PHOENIX AZ 58016
Paul C Hughes officer: General Counsel & Secretary C/O HOSPITALITY INVESTORS TRUST, INC., 3950 UNIVERSITY DRIVE, FAIRFAX VA 22030
Richard J Lieb director C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Reginald Harold Gilyard director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Kathleen Allen director
Gavin Brandon officer: SEE REMARKS 2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016
Paul H Mcdowell director, officer: SEE REMARKS 110 MAIDEN LANE, NEW YORK NY 10005
Gregory J. Whyte director C/O TIER REIT, INC., 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gary E Landriau officer: SEE REMARKS C/O REALTY INCOME CORPORATION, 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Christie B. Kelly director, officer: EVP, CFO & TREASURER 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Sumit Roy director, officer: PRESIDENT AND CEO 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michelle Bushore director, officer: EVP, CLO & SECRETARY 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Realty Income Corp 10 percent owner 11995 EL CAMINO REAL, SAN DIEGO CA 92130