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ROC Energy Acquisition (ROC Energy Acquisition) Beta : N/A (As of Apr. 27, 2024)


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What is ROC Energy Acquisition Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-27), ROC Energy Acquisition's Beta is Not available.


ROC Energy Acquisition Beta Historical Data

The historical data trend for ROC Energy Acquisition'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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ROC Energy Acquisition Beta Chart

ROC Energy Acquisition Annual Data
Trend Dec21 Dec22
Beta
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ROC Energy Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of ROC Energy Acquisition's Beta

For the Shell Companies subindustry, ROC Energy Acquisition'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.


ROC Energy Acquisition's Beta Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ROC Energy Acquisition's Beta distribution charts can be found below:

* The bar in red indicates where ROC Energy Acquisition's Beta falls into.



ROC Energy Acquisition 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.


ROC Energy Acquisition  (NAS:ROC) 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)


ROC Energy Acquisition Beta Related Terms

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ROC Energy Acquisition (ROC Energy Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
16400 Dallas Parkway, Dallas, TX, USA, 75248
Website
ROC Energy Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Thomas O Hicks director, 10 percent owner 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
David Richard Johnson officer: Chief Financial Officer 27215 SYMPHONY CREEK LN, FULSHEAR TX 77441
Robert Wayne Prejean director, officer: CEO, President 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Domino Michael Wayne Jr. officer: President, DTR Division 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Vermillion Charles Richard Jr. director 4605 POST OAK PLACE #202, HOUSTON TX 77027
L.p. Hhep-directional, 10 percent owner 2200 ROSS AVENUE, 50TH FLOOR, DALLAS TX 75201
Curt L. Crofford director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Thomas Monroe Patterson director 801 CHERRY STREET, SUITE 2100, FORT WORTH TX 76102
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jack D Furst director 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
Brian Minnehan director 5221 N. O'CONNOR BLVD SUITE 1100, IRVING TX 75039
Roc Energy Holdings, Llc 10 percent owner 16400 DALLAS PARKWAY, DALLAS TX 75248
Daniel Jeffrey Kimes director, officer: Chief Executive Officer 16400 DALLAS PARKWAY, DALLAS TX 75248
Joseph Drysdale director 16400 DALLAS PARKWAY, DALLAS TX 75248
Win Graham director 16400 DALLAS PARKWAY, DALLAS TX 75248

ROC Energy Acquisition (ROC Energy Acquisition) Headlines

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