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QEP Midstream Partners LP (FRA:1QM) Beta : N/A (As of May. 14, 2024)


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What is QEP Midstream Partners LP Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-14), QEP Midstream Partners LP's Beta is Not available.


QEP Midstream Partners LP Beta Historical Data

The historical data trend for QEP Midstream Partners LP's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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QEP Midstream Partners LP Beta Chart

QEP Midstream Partners LP Annual Data
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Beta
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QEP Midstream Partners LP Quarterly Data
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Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of QEP Midstream Partners LP's Beta

For the Oil & Gas Midstream subindustry, QEP Midstream Partners LP'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.


QEP Midstream Partners LP's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEP Midstream Partners LP's Beta distribution charts can be found below:

* The bar in red indicates where QEP Midstream Partners LP's Beta falls into.



QEP Midstream Partners LP 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.


QEP Midstream Partners LP  (FRA:1QM) 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)


QEP Midstream Partners LP Beta Related Terms

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QEP Midstream Partners LP (FRA:1QM) Business Description

Traded in Other Exchanges
N/A
Address
QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

QEP Midstream Partners LP (FRA:1QM) Headlines

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