SLRD (Solar Roadways) Beta: N/A (As of Jun. 25, 2026)


SLRD Solar Roadways Inc SLRD
18 GF Score
Price $1.50
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What is Solar Roadways Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Solar Roadways's Beta is Not available.


Solar Roadways  (OTCPK:SLRD) 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)


Solar Roadways Beta Related Terms


Solar Roadways Beta Historical Data

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The historical data trend for Solar Roadways'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.

Solar Roadways Beta Chart

Solar Roadways Annual Data
Trend
Beta

Solar Roadways Semi-Annual Data
Beta
SLRD
18GF Score
Solar Roadways Inc SLRD
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar Roadways 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.


Solar Roadways Business Description

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Address 721 Pine Street, Sandpoint, ID, USA, 83864
Solar Roadways Inc operates to generate clean renewable energy on roadways and any other surface that can be walked or driven upon. Its service includes parking lots, sidewalks, driveways, tarmacs, plazas, bike paths, playgrounds, garden paths, pool surrounds, and courtyards.
18GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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