Communication Equipment Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1VCTY Videolocity International
122.87
 0.00 
 0.00 
 0.00 
2MSI Motorola Solutions
0.98
 0.04 
 1.36 
 0.05 
3CIEN Ciena Corp
0.94
 0.15 
 4.17 
 0.62 
4LITE Lumentum Holdings
0.88
 0.12 
 4.62 
 0.57 
5FOXX Foxx Development Holdings
0.18
 0.06 
 19.73 
 1.10 
6HPE-PC Hewlett Packard Enterprise
0.0
 0.04 
 2.36 
 0.10 
7053773BC0 Avis Budget Car
0.0
(0.04)
 1.17 
(0.04)
8053773BE6 AVIS BUDGET CAR
0.0
(0.06)
 0.87 
(0.06)
9460599AF0 US460599AF06
0.0
(0.07)
 0.60 
(0.04)
10460599AE3 International Game Technology
0.0
(0.12)
 0.62 
(0.08)
1105379BAR8 AVA 4 01 APR 52
0.0
 0.13 
 3.68 
 0.49 
1205379BAQ0 AVISTA P 435
0.0
 0.08 
 1.62 
 0.13 
13053773BF3 US053773BF30
0.0
(0.05)
 0.81 
(0.04)
14053773BG1 US053773BG13
0.0
(0.08)
 1.15 
(0.09)
1598419MAK6 US98419MAK62
0.0
(0.20)
 3.89 
(0.80)
1698419MAJ9 XYLEM INC 325
0.0
(0.09)
 0.21 
(0.02)
17984121CL5 Xerox 48 percent
0.0
 0.09 
 1.96 
 0.18 
18984121CB7 Xerox 675 percent
0.0
 0.11 
 2.99 
 0.32 
19FOXXW Foxx Development Holdings
0.0
 0.15 
 33.94 
 4.94 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.