Innovative Energy Group (XJAM:ENERGY) Beta: N/A (As of Jul. 21, 2026)

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XJAM:ENERGY Innovative Energy Group Ltd XJAM:ENERGY
31 GF Score
Price JMD1.05
! 6 Warning Signs
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What is Innovative Energy Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), Innovative Energy Group's Beta is Not available.

Innovative Energy Group  (XJAM:ENERGY) 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)

Innovative Energy Group Beta Related Terms

Innovative Energy Group Beta Historical Data

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The historical data trend for Innovative Energy Group'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.

Innovative Energy Group Beta Chart

Innovative Energy Group Annual Data
Trend May09 May10 May23 May24 May25
Beta
0.00 0.00 0.00 0.00 0.00

Innovative Energy Group Quarterly Data
May09 May10 Aug22 May23 Aug23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
XJAM:ENERGY
31GF Score
Innovative Energy Group Ltd XJAM:ENERGY
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Innovative Energy Group 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.

Innovative Energy Group Business Description

Address R1 Commercial Park, Unit no. 14, 11-13 Marverly Avenue, Kingston, JAM, 10
Innovative Energy Group Ltd is a Jamaican based vertically integrated energy company. It provides clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. IEC provides energy audits, project development, construction, operations and asset management services.
31GF Score

Get the complete analysis for XJAM:ENERGY

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD1.05
Price