Electrical Components & Equipment Companies By Beta
LargestBiggest EarnersMost ProfitableMost LiquidHighly LeveragedTop DividendsCapital-HeavyHighest ValuationLargest Workforce
Beta
Beta | Efficiency | Market Risk | Exp Return | ||||
---|---|---|---|---|---|---|---|
1 | FCEL | FuelCell Energy | (0.06) | 7.33 | (0.46) | ||
2 | WATT | Energous | (0.23) | 4.28 | (0.98) | ||
3 | RUN | Sunrun Inc | (0.17) | 5.47 | (0.91) | ||
4 | FLNC | Fluence Energy | 0.09 | 4.09 | 0.36 | ||
5 | AMPX | Amprius Technologies | 0.12 | 10.29 | 1.28 | ||
6 | AMSC | American Superconductor | 0.15 | 6.12 | 0.93 | ||
7 | ATKR | Atkore International Group | (0.05) | 2.86 | (0.13) | ||
8 | ENVX | Enovix Corp | 0.00 | 5.81 | 0.01 | ||
9 | NVVE | Nuvve Holding Corp | (0.01) | 10.66 | (0.06) | ||
10 | CBAT | CBAK Energy Technology | (0.03) | 4.23 | (0.12) | ||
11 | PLUG | Plug Power | 0.00 | 5.93 | 0.00 | ||
12 | EFOI | Energy Focu | (0.03) | 5.31 | (0.16) | ||
13 | BLDP | Ballard Power Systems | (0.12) | 4.14 | (0.48) | ||
14 | SHLS | Shoals Technologies Group | (0.01) | 5.02 | (0.07) | ||
15 | CHPT | ChargePoint Holdings | (0.13) | 4.57 | (0.61) | ||
16 | STEM | Stem Inc | (0.04) | 9.79 | (0.43) | ||
17 | ARRY | Array Technologies | 0.02 | 5.94 | 0.12 | ||
18 | VRT | Vertiv Holdings Co | 0.28 | 3.38 | 0.96 | ||
19 | BEEM | Beam Global | (0.10) | 3.21 | (0.31) | ||
20 | RBC | RBC Bearings Incorporated | 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.