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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-27), Tiptree's Beta is 1.22.
The historical data trend for Tiptree'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.
Tiptree Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Beta | Get a 7-Day Free Trial | 0.14 | 0.73 | 1.42 | 1.41 | 1.59 |
Tiptree Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Beta | Get a 7-Day Free Trial | 1.41 | 1.32 | 1.32 | 1.35 | 1.59 |
For the Insurance - Specialty subindustry, Tiptree'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.
For the Insurance industry and Financial Services sector, Tiptree's Beta distribution charts can be found below:
* The bar in red indicates where Tiptree's Beta falls into.
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.
Tiptree (NAS:TIPT) 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)
Thank you for viewing the detailed overview of Tiptree's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
Neil Charles Rifkind | officer: General Counsel and Secretary | C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830 |
Jonathan Ilany | director | PO BOX 180, WINCHESTER CENTER CT 06094 |
Scott T. Mckinney | officer: Chief Financial Officer | 660 STEAMBOAT ROAD, 2ND FLOOR, GREENWICH CT 06830 |
Sandra Bell | officer: Chief Financial Officer | C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830 |
Randy Maultsby | officer: President | C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830 |
Arif Inayatullah | 10 percent owner | C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830 |
Paul M Friedman | director | 11 DEERFIELD LANE, SCARSDALE NY 10583 |
Dominique Mielle | director | C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401 |
Michael Gene Barnes | director, officer: Vice Chairman of the Board | TRICADIA CAPITAL, 299 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10171 |
Nomura Securities Co Ltd | 10 percent owner | 13-1, NIHONBASHI 1-CHOME, CHUO-KU, TOKYO M0 103-8011 |
Prosight Specialty Insurance Group, Inc. | 10 percent owner | 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960 |
New York Marine & General Insurance Co | 10 percent owner | 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960 |
Prosight Global, Inc. | 10 percent owner | 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960 |
Gotham Insurance Co | 10 percent owner | 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960 |
Southwest Marine & General Insurance Co | 10 percent owner | 412 MT. KEMBLE AVENUE, SUITE 300C, MORRISTOWN NJ 07960 |
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