TZP Strategies Acquisition (TZP Strategies Acquisition) Beta : N/A (As of May. 28, 2024)

View and export this data going back to 2021. Start your Free Trial

What is TZP Strategies Acquisition Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-28), TZP Strategies Acquisition's Beta is Not available.

TZP Strategies Acquisition Beta Historical Data

The historical data trend for TZP Strategies 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.

* Premium members only.

TZP Strategies Acquisition Beta Chart

TZP Strategies Acquisition Annual Data

Trend

Dec20

Dec21

Beta

TZP Strategies Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Beta	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of TZP Strategies Acquisition's Beta

For the Shell Companies subindustry, TZP Strategies 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.

TZP Strategies Acquisition's Beta Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where TZP Strategies Acquisition's Beta falls into.

TZP Strategies 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.

TZP Strategies Acquisition (NAS:TZPSW) 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)

TZP Strategies Acquisition Beta Related Terms

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