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WageWorks (WageWorks) Beta : N/A (As of May. 12, 2024)


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What is WageWorks Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), WageWorks's Beta is Not available.


WageWorks Beta Historical Data

The historical data trend for WageWorks'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.

WageWorks Beta Chart

WageWorks Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.80 1.14 1.34 1.47

WageWorks Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 1.35 1.35 1.47 1.85 1.67

Competitive Comparison of WageWorks's Beta

For the Specialty Business Services subindustry, WageWorks'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.


WageWorks's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WageWorks's Beta distribution charts can be found below:

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



WageWorks 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.


WageWorks  (NYSE:WAGE) 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)


WageWorks Beta Related Terms

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


WageWorks (WageWorks) Business Description

Traded in Other Exchanges
N/A
Address
1100 Park Place, 4th Floor, San Mateo, CA, USA, 94403
WageWorks is a provider of tax-advantaged programs in the United States. The company specialises in consumer-directed benefits such as health savings accounts, health and dependent-care flexible spending accounts, health reimbursement arrangements, and commuter benefit services, including transit, parking, and wellness programs. With the help of WageWorks, employees use pretax dollars to pay for healthcare, dependent care, and commuter expenses and save money on their payroll tax.
Executives
Ismail Dawood officer: Chief Financial Officer 3527 NORTH RIDGE ROAD, WICHITA KS 67205
John G. Saia officer: SVP, GC & Corporate Secretary C/O ACELRX PHARMACEUTICALS, INC., 351 GALVESTON DRIVE, REDWOOD CITY CA 94063
Jerry Gramaglia director 64 SPENCER LANE, ATHERTON CA 94027
Carol Goode director SAIC, 12010 SUNSET HILLS RD, RESTON VA 20190
Harvey Stuart C. Jr director C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Robert Metzger director 1100 PARK PL #400, SAN MATEO CA 94403
Bruce G. Bodaken director 1100 PARK PLACE, 4TH FLOOR, SAN MATEO CA 94403
George P Scanlon director 13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
John William Larson director C/O SANGAMO BIOSCIENCES IN STE.A-100, POINT RICHMOND TECH CENTER 501 CANA BLVD, RICHMOND CA 94804
Mariann H Byerwalter director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Edward C Nafus director 7887 E BELLEVIEW AVE SUITE 1000, ENGLEWOOD CO 80111
David L Warnock other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Donald W Hughes other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Richard M Berkeley director, other: See Remarks 500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Iii, Llc other: See Remarks ONE SOUTH STREET, SUITE 2150, BALTIMORE MD 21202

WageWorks (WageWorks) Headlines

From GuruFocus

WageWorks Provides Update on Form 10-K Filing

By GlobeNewswire GlobeNewswire 03-25-2019

SHAREHOLDER ALERT: WeissLaw LLP Investigates WageWorks, Inc.

By PRNewswire PRNewswire 06-28-2019

WageWorks Confirms Receipt of Proposal from HealthEquity

By Marketwired Marketwired 04-30-2019