High Performance Beverages Co (High Performance Beverages Co) Beta : -130.62 (As of May. 23, 2024)

High Performance Beverages Co Beta Chart

High Performance Beverages Co Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16
Beta	Get a 7-Day Free Trial															-	-0.48	-19.09	-16.05	-15.98

Competitive Comparison of High Performance Beverages Co's Beta

For the Beverages - Non-Alcoholic subindustry, High Performance Beverages Co'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.

High Performance Beverages Co's Beta Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, High Performance Beverages Co's Beta distribution charts can be found below:

* The bar in red indicates where High Performance Beverages Co's Beta falls into.

High Performance Beverages Co 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.

High Performance Beverages Co  (OTCPK:TBEV) 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)

High Performance Beverages Co Beta Related Terms

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High Performance Beverages Co (High Performance Beverages Co) Business Description