One World Universe (One World Universe) Beta : 5.32 (As of May. 14, 2024)

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What is One World Universe Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-14), One World Universe's Beta is 5.32.

One World Universe Beta Historical Data

The historical data trend for One World Universe'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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One World Universe Beta Chart

One World Universe Annual Data

Trend

Beta

One World Universe Semi-Annual Data
	Sep22	Sep23
Beta	-	-

Competitive Comparison of One World Universe's Beta

For the Pollution & Treatment Controls subindustry, One World Universe'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.

One World Universe's Beta Distribution in the Industrial Products Industry

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

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

One World Universe 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.

One World Universe (OTCPK:OWUV) 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)

One World Universe Beta Related Terms

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