LifeQuest World (LifeQuest World) Beta : 0.29 (As of May. 14, 2024)

LifeQuest World Beta Chart

LifeQuest World Annual Data
	Trend	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Beta		Get a 7-Day Free Trial					2.95	9.95	2.82	-1.78	2.28

LifeQuest World Semi-Annual Data
	May99	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Beta	Get a 7-Day Free Trial						2.95	9.95	2.82	-1.78	2.28

Competitive Comparison of LifeQuest World's Beta

For the Pollution & Treatment Controls subindustry, LifeQuest World'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.

LifeQuest World's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LifeQuest World's Beta distribution charts can be found below:

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

LifeQuest World 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.

LifeQuest World  (OTCPK:LQWC) 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)

LifeQuest World Beta Related Terms

Thank you for viewing the detailed overview of LifeQuest World's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

LifeQuest World (LifeQuest World) Business Description