Diversified Telecommunication Services Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1IPKL iPackets International
108.43
 0.00 
 0.00 
 0.00 
2UCL Ucloudlink Group
4.4
(0.01)
 3.34 
(0.03)
3KORE KORE Group Holdings
2.49
(0.05)
 5.15 
(0.23)
4NVVEW Nuvve Holding Corp
1.92
 0.11 
 26.61 
 2.95 
5BAND Bandwidth
1.5
 0.10 
 2.76 
 0.29 
6SIFY Sify Technologies Limited
1.45
 0.10 
 14.19 
 1.46 
7LUMN Lumen Technologies
1.2
 0.10 
 5.43 
 0.53 
8LBTYA Liberty Global PLC
1.18
 0.22 
 2.16 
 0.47 
9LBTYB Liberty Global PLC
1.18
(0.07)
 5.69 
(0.41)
10LBTYK Liberty Global PLC
1.18
(0.05)
 6.27 
(0.30)
11LILA Liberty Latin America
1.13
(0.11)
 3.42 
(0.39)
12IHS IHS Holding
1.11
(0.11)
 2.31 
(0.24)
13FYBR Frontier Communications Parent
1.11
 0.07 
 4.95 
 0.36 
14CNSL Consolidated Communications
0.99
 0.08 
 0.28 
 0.02 
15OOMA Ooma Inc
0.92
 0.21 
 3.69 
 0.76 
16GSAT Globalstar
0.89
 0.08 
 6.58 
 0.53 
17IDT IDT Corporation
0.77
 0.17 
 3.02 
 0.50 
18T ATT Inc
0.73
 0.22 
 1.24 
 0.27 
19TU Telus Corp
0.72
(0.07)
 1.03 
(0.07)
20TEF Telefonica SA ADR
0.68
(0.04)
 1.08 
(0.04)
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.