GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » Beta

Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Beta : 1.64 (As of Jul. 21, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Controladora Vuela Compania de AviacionB de CV Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-07-21), Controladora Vuela Compania de AviacionB de CV's Beta is 1.64.


Controladora Vuela Compania de AviacionB de CV Beta Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV Beta Chart

Controladora Vuela Compania de AviacionB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 3.11 2.98 2.56 2.05

Controladora Vuela Compania de AviacionB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.16 1.96 1.88 2.05 1.92

Competitive Comparison of Controladora Vuela Compania de AviacionB de CV's Beta

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.


Controladora Vuela Compania de AviacionB de CV's Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's Beta distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Beta falls into.



Controladora Vuela Compania de AviacionB de CV 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.


Controladora Vuela Compania de AviacionB de CV  (NYSE:VLRS) 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)


Controladora Vuela Compania de AviacionB de CV Beta Related Terms

Thank you for viewing the detailed overview of Controladora Vuela Compania de AviacionB de CV's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Traded in Other Exchanges
Address
Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.