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Weyco Group (Weyco Group) Beta : 1.03 (As of May. 12, 2024)


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What is Weyco Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), Weyco Group's Beta is 1.03.


Weyco Group Beta Historical Data

The historical data trend for Weyco Group'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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Weyco Group Beta Chart

Weyco Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.64 0.56 0.70 1.01

Weyco Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.84 1.01 1.11 1.01 0.93

Competitive Comparison of Weyco Group's Beta

For the Footwear & Accessories subindustry, Weyco Group'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.


Weyco Group's Beta Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Weyco Group's Beta distribution charts can be found below:

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



Weyco Group 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.


Weyco Group  (NAS:WEYS) 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)


Weyco Group Beta Related Terms

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


Weyco Group (Weyco Group) Business Description

Traded in Other Exchanges
Address
333 West Estabrook Boulevard, P.O. Box 1188, Milwaukee, WI, USA, 53201
Weyco Group Inc is a company, engaged in the manufacturing, designing and distribution of footwear. The company designs and markets footwear for men, women, and children. The company organizes its business into two segments; the North American wholesale and the North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.
Executives
Allison Woss officer: VP - SUPPLY CHAIN WEYCO GROUP, INC., 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Damian Walton officer: President-Florsheim Australia WEYCO GROUP, INC., 333 W. ESTABROOK BLVD, GLENDALE WI 53212
Judy Anderson other: VP Finance/Treasurer 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Dustin Combs officer: VP, PRESIDENT - BOGS & RAFTERS WEYCO GROUP, INC., 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Kevin Schiff officer: VP, PRESIDENT - FLORSHEIM WEYCO GROUP, INC., 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Katherine Destinon officer: VP, PRESIDENT - NUNN BUSH WEYCO GROUP, INC., W.333 ESTABROOK BLVD, GLENDALE WI 53212
Brian Flannery officer: VP, PRESIDENT - STACY ADAMS 333 W. ESTABROOK BOULEVARD, GLENDALE WI 53212
George Sotiros officer: VP - INFORMATION SYSTEMS WEYCO GROUP, INC., 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Jeffrey S Douglass officer: VP, Marketing WEYCO GROUP, INC. 333 W. ESTABROOK BLVD, GLENDALE WI 53212
Robert D Hanley officer: Director of Finance WEYCO GROUP, INC. 333 W. ESTABROOK BLVD, GLENDALE WI 53212
Joshua Wisenthal officer: President of Weyco Canada WEYCO GROUP, INC. 333 W. ESTABROOK BLVD, GLENDALE WI 53212
Michael Bernsteen officer: VP, President - Nunn Bush WEYCO GROUP, INC., 333 W. ESTABROOK BLVD., GLENDALE WI 53212
Thomas W Florsheim director, 10 percent owner 333 W. ESTABROOK BOULEVARD, GLENDALE WI 53212
Tina M Chang director 375 BISHOPS WAY, SUITE 105, BROOKFIELD WI 53005
John Wittkowske officer: Senior Vice President and CFO 333 W ESTABROOK BLVD, GLENDALE WI 53212