GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Suncliff Inc (OTCPK:SCLF) » Definitions » Beta

Suncliff (Suncliff) Beta : 121.91 (As of May. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Suncliff Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-08), Suncliff's Beta is 121.91.


Suncliff Beta Historical Data

The historical data trend for Suncliff'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.

* Premium members only.

Suncliff Beta Chart

Suncliff Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 1.53 0.67 -0.17 -0.81

Suncliff Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.14 -0.81 0.07 0.34 2.02

Competitive Comparison of Suncliff's Beta

For the Furnishings, Fixtures & Appliances subindustry, Suncliff'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.


Suncliff's Beta Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Suncliff's Beta distribution charts can be found below:

* The bar in red indicates where Suncliff's Beta falls into.



Suncliff 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.


Suncliff  (OTCPK:SCLF) 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)


Suncliff Beta Related Terms

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


Suncliff (Suncliff) Business Description

Traded in Other Exchanges
N/A
Address
711 Court A, Suite No. 204, Tacoma, WA, USA, 98402
GreenLink International Inc is focused on developing new innovations for broader applications of cannabis and hemp-derived products, building brands, and expanding its business model to build opportunity. The firm is expanding into other jurisdictions and industries throughout the United States, Canada, and Europe. The company is actively releasing products and other innovations in sleep & wellness.