American Overseas Group (American Overseas Group) Beta : 0.91 (As of May. 25, 2024)

American Overseas Group Beta Chart

American Overseas Group Quarterly Data
	Dec03	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Beta	Get a 7-Day Free Trial															1.95	1.34	2.44	1.58	2.04

Competitive Comparison of American Overseas Group's Beta

For the Insurance - Reinsurance subindustry, American Overseas Group's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American Overseas Group's Beta Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Overseas Group's Beta distribution charts can be found below:

* The bar in red indicates where American Overseas Group's Beta falls into.

American Overseas Group Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

American Overseas Group  (OTCPK:AOREF) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

American Overseas Group Beta Related Terms

Thank you for viewing the detailed overview of American Overseas Group's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

American Overseas Group (American Overseas Group) Business Description