WODI (Water on Demand) Beta: N/A (As of Jun. 26, 2026)


What is Water on Demand Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Water on Demand's Beta is Not available.

Water on Demand  (NAS:WODI) 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)

Water on Demand Beta Related Terms

Water on Demand Beta Historical Data

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The historical data trend for Water on Demand'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.

Water on Demand Beta Chart

Water on Demand Annual Data
Trend Dec21 Dec22
Beta
0.00 0.00

Water on Demand Quarterly Data
Dec21 Dec22 Sep23
Beta 0.00 0.00 0.00

Water on Demand 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.

Water on Demand Business Description

Comparable Companies
Address 13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Water on Demand Inc is engaged in water treatment as a service that is treating and reusing sewage water.