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Seaport Global Acquisition (Seaport Global Acquisition) Beta : N/A (As of Jun. 23, 2024)


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What is Seaport Global Acquisition Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-23), Seaport Global Acquisition's Beta is Not available.


Seaport Global Acquisition Beta Historical Data

The historical data trend for Seaport Global Acquisition'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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Seaport Global Acquisition Beta Chart

Seaport Global Acquisition Annual Data
Trend Dec20
Beta
-

Seaport Global Acquisition Semi-Annual Data
Aug20 Dec20
Beta - -

Competitive Comparison of Seaport Global Acquisition's Beta

For the Shell Companies subindustry, Seaport Global Acquisition'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.


Seaport Global Acquisition's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Seaport Global Acquisition's Beta distribution charts can be found below:

* The bar in red indicates where Seaport Global Acquisition's Beta falls into.



Seaport Global Acquisition 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.


Seaport Global Acquisition  (NAS:SGAMW) 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)


Seaport Global Acquisition Beta Related Terms

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Seaport Global Acquisition (Seaport Global Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
360 Madison Avenue, 20th Floor, New York, NY, USA, 10017
Website
Seaport Global Acquisition Corp is a blank check company.

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