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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-12), Electricite et Eaux de Madagascar's Beta is -0.3682.
Electricite et Eaux de Madagascar (XPAR:EEM) 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)
Electricite et Eaux de Madagascar Beta Related Terms
Electricite et Eaux de Madagascar Beta Historical Data
* 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.
For the Asset Management subindustry, Electricite et Eaux de Madagascar'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.
Electricite et Eaux de Madagascar Beta vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Electricite et Eaux de Madagascar's Beta distribution charts can be found below:
* The bar in red indicates where Electricite et Eaux de Madagascar's Beta falls into.
Electricite et Eaux de Madagascar 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.
Electricite et Eaux de Madagascar (XPAR:EEM) has a Beta of -0.3682 as of Aug. 12, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Electricite et Eaux de Madagascar and its competitors.
Is Electricite et Eaux de Madagascar's Beta too high?
Electricite et Eaux de Madagascar's current Beta is -0.3682. Overall, Electricite et Eaux de Madagascar has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Electricite et Eaux de Madagascar's Beta compare to BLK and BX?
Electricite et Eaux de Madagascar's Beta of -0.3682 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Electricite et Eaux de Madagascar and its competitors. Electricite et Eaux de Madagascar's current Beta is -0.3682. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electricite et Eaux de Madagascar stock overvalued right now?
Electricite et Eaux de Madagascar (XPAR:EEM) has a current Beta of -0.3682. The current Beta is -0.3682. Electricite et Eaux de Madagascar's overall GF Score™ is 26/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Electricite et Eaux de Madagascar (XPAR:EEM), the current Beta is -0.3682 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Electricite et Eaux de Madagascar is an international investment company. The company is present in the hotel industry in Cambodia and real estate in the Paris region holds a majority stake in Gascogne and a stake in the Societe Francaise de Casinos.
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