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Valaris (Valaris) Beta : N/A (As of Apr. 25, 2024)


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What is Valaris Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-25), Valaris's Beta is Not available.


Valaris Beta Historical Data

The historical data trend for Valaris'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.

* Premium members only.

Valaris Beta Chart

Valaris Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Valaris Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Valaris's Beta

For the Oil & Gas Equipment & Services subindustry, Valaris'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.


Valaris's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valaris's Beta distribution charts can be found below:

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



Valaris 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.


Valaris  (NYSE:VAL) 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)


Valaris Beta Related Terms

Thank you for viewing the detailed overview of Valaris's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Valaris (Valaris) Business Description

Traded in Other Exchanges
N/A
Address
2 Church Street, Claredon House, Hamilton, BMU, HM 11
Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.
Executives
Grable Colleen officer: Controller 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Oak Hill Advisors Lp 10 percent owner 1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Kristian Johansen director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77024
Catherine Hughes director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Matthew Lyne officer: SVP - CCO 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Christopher T Weber officer: SVP - CFO 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Gunnar W. Eliassen director C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Davor Vudakin officer: SVP & General Counsel C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Darin Gibbins officer: Interim CFO and VP 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Anton Dibowitz director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Joseph Goldschmid director, other: See Remarks C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Deepak Munganahalli director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Oak Hill Advisors Genpar, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036

Valaris (Valaris) Headlines

From GuruFocus

Valaris Announces Drillship Contract Award

By Business Wire 07-31-2023

Valaris Provides Quarterly Fleet Status Report

By Business Wire Business Wire 10-31-2022

Valaris Provides Fleet Status Report

By Business Wire Business Wire 02-21-2023

Valaris Provides Fleet Status Report

By Business Wire Business Wire 05-02-2023

Valaris Provides Fleet Status Report

By Business Wire 08-02-2023

Valaris Publishes Sustainability Report

By Business Wire Business Wire 12-15-2022