Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Beta : 0.14 (As of May. 22, 2024)

Citizens National Bancshares Bossier Beta Chart

Citizens National Bancshares Bossier Quarterly Data
	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96
Beta	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Citizens National Bancshares Bossier's Beta

For the Banks - Regional subindustry, Citizens National Bancshares Bossier'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.

Citizens National Bancshares Bossier's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens National Bancshares Bossier's Beta distribution charts can be found below:

* The bar in red indicates where Citizens National Bancshares Bossier's Beta falls into.

Citizens National Bancshares Bossier 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.

Citizens National Bancshares Bossier  (OTCPK:CNBL) 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)

Citizens National Bancshares Bossier Beta Related Terms

Thank you for viewing the detailed overview of Citizens National Bancshares Bossier's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Business Description