Worldwide Strategies (Worldwide Strategies) Beta : -1.11 (As of May. 26, 2024)

Worldwide Strategies Beta Chart

Worldwide Strategies Annual Data
	Trend	Jul08	Jul09	Jul10	Jul11	Jul12	Jul13	Jul14	Jul20	Jul21	Jul22
Beta		Get a 7-Day Free Trial					-0.69	0.48	4.54	4.80	4.77

Worldwide Strategies Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Beta	Get a 7-Day Free Trial															4.54	4.77	3.41	3.30	0.87

Competitive Comparison of Worldwide Strategies's Beta

For the Shell Companies subindustry, Worldwide Strategies'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.

Worldwide Strategies's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Worldwide Strategies's Beta distribution charts can be found below:

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

Worldwide Strategies 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.

Worldwide Strategies  (OTCPK:WWSG) 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)

Worldwide Strategies Beta Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description