Communications Equipment Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1PDXP PDX Partners
25.95
 0.00 
 0.00 
 0.00 
2LTRX Lantronix
2.14
(0.04)
 5.18 
(0.20)
3COMM CommScope Holding Co
2.1
 0.05 
 5.41 
 0.28 
4AAOI Applied Opt
1.96
 0.29 
 8.93 
 2.57 
5AVNW Aviat Networks
1.8
(0.12)
 5.73 
(0.69)
6EXTR Extreme Networks
1.77
 0.05 
 2.81 
 0.13 
7CALX Calix Inc
1.75
(0.04)
 2.90 
(0.12)
8INFN Infinera
1.72
 0.14 
 0.98 
 0.14 
9CMTL Comtech Telecommunications Corp
1.6
 0.05 
 6.79 
 0.31 
10INSG Inseego Corp
1.6
 0.01 
 7.01 
 0.10 
11ADCT ADC Therapeutics SA
1.6
(0.13)
 4.32 
(0.58)
12EMKR EMCORE
1.57
 0.18 
 11.47 
 2.08 
13VSAT ViaSat Inc
1.37
(0.15)
 5.15 
(0.76)
14IDCC InterDigital
1.37
 0.29 
 1.93 
 0.56 
15CLFD Clearfield
1.36
(0.10)
 2.60 
(0.26)
16CRNT Ceragon Networks
1.36
 0.11 
 3.52 
 0.39 
17VISL Vislink Technologies
1.29
(0.11)
 5.24 
(0.57)
18ADTN ADTRAN Inc
1.2
 0.23 
 3.53 
 0.81 
19BKTI BK Technologies
1.19
 0.15 
 5.27 
 0.81 
20ITRN Ituran Location and
1.15
 0.00 
 1.30 
 0.00 
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.