Electrical Components & Equipment Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1FCEL FuelCell Energy
3.89
(0.06)
 7.33 
(0.46)
2WATT Energous
2.63
(0.23)
 4.28 
(0.98)
3RUN Sunrun Inc
2.61
(0.17)
 5.47 
(0.91)
4FLNC Fluence Energy
2.54
 0.09 
 4.09 
 0.36 
5AMPX Amprius Technologies
2.43
 0.12 
 10.29 
 1.28 
6AMSC American Superconductor
2.14
 0.15 
 6.12 
 0.93 
7ATKR Atkore International Group
2.13
(0.05)
 2.86 
(0.13)
8ENVX Enovix Corp
1.98
 0.00 
 5.81 
 0.01 
9NVVE Nuvve Holding Corp
1.92
(0.01)
 10.66 
(0.06)
10CBAT CBAK Energy Technology
1.9
(0.03)
 4.23 
(0.12)
11PLUG Plug Power
1.81
 0.00 
 5.93 
 0.00 
12EFOI Energy Focu
1.77
(0.03)
 5.31 
(0.16)
13BLDP Ballard Power Systems
1.75
(0.12)
 4.14 
(0.48)
14SHLS Shoals Technologies Group
1.73
(0.01)
 5.02 
(0.07)
15CHPT ChargePoint Holdings
1.7
(0.13)
 4.57 
(0.61)
16STEM Stem Inc
1.65
(0.04)
 9.79 
(0.43)
17ARRY Array Technologies
1.61
 0.02 
 5.94 
 0.12 
18VRT Vertiv Holdings Co
1.59
 0.28 
 3.38 
 0.96 
19BEEM Beam Global
1.57
(0.10)
 3.21 
(0.31)
20RBC RBC Bearings Incorporated
1.52
 0.13 
 1.71 
 0.22 
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.