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GigCapital5 (GigCapital5) Beta : N/A (As of May. 13, 2024)


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What is GigCapital5 Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-13), GigCapital5's Beta is Not available.


GigCapital5 Beta Historical Data

The historical data trend for GigCapital5'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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GigCapital5 Beta Chart

GigCapital5 Annual Data
Trend Dec21 Dec22
Beta
- -

GigCapital5 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of GigCapital5's Beta

For the Shell Companies subindustry, GigCapital5'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.


GigCapital5's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GigCapital5's Beta distribution charts can be found below:

* The bar in red indicates where GigCapital5's Beta falls into.



GigCapital5 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.


GigCapital5  (NAS:GIA) 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)


GigCapital5 Beta Related Terms

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GigCapital5 (GigCapital5) Business Description

Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
GigCapital5 Inc is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija director 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto director, 10 percent owner 2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz director, 10 percent owner, officer: Executive Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman officer: Treasurer and CFO C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu director, 10 percent owner, officer: President, CEO and Secretary C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz director C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc 10 percent owner 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303

GigCapital5 (GigCapital5) Headlines

From GuruFocus

Dr. Sharmila Makhija Joins GigCapital5 Board of Directors

By Business Wire Business Wire 01-05-2022