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Saverone 2014 (XTAE:SVRE) Beta : N/A (As of Sep. 21, 2024)


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What is Saverone 2014 Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-21), Saverone 2014's Beta is Not available.


Saverone 2014 Beta Historical Data

The historical data trend for Saverone 2014'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.

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Saverone 2014 Beta Chart

Saverone 2014 Annual Data
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Beta
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Saverone 2014 Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Saverone 2014's Beta

For the Scientific & Technical Instruments subindustry, Saverone 2014'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.


Saverone 2014's Beta Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Saverone 2014's Beta distribution charts can be found below:

* The bar in red indicates where Saverone 2014's Beta falls into.



Saverone 2014 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.


Saverone 2014  (XTAE:SVRE) 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)


Saverone 2014 Beta Related Terms

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Saverone 2014 Business Description

Traded in Other Exchanges
Address
Em Hamoshavot Rd. 94, Petah Tikva, ISR, 49130
Saverone 2014 Ltd provides driver protection solutions. The company is engaged in developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions. The company's product restricts the driver from surfing, communicating and receiving alerts while driving. The Company has developed a system which provides a solution to the problem of distracted driving caused by cell phone use, which endangers the driver, passengers, other drivers on the road and pedestrians.