Bandwidth Inc Beta
What is the Beta of Bandwidth Inc?
The Beta of Bandwidth Inc is 2.05
What is the definition of Beta?
BETA indicates whether a stock is more or less volatile than the market as a whole. A beta less than 1 indicates that the stock is less volatile than the market, while a beta more than 1 indicates that the stock is more volatile. Volatility is measured as the fluctuation of the price around the mean.
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.
Beta of companies in the Technology sector on NASDAQ compared to Bandwidth Inc
What does Bandwidth Inc do?
bandwidth is a software company that’s transforming the way people communicate and challenging the standards of old telecom. together with our customers, we’re unlocking remarkable value, questioning the status quo, and helping people interact with technology and one another, oftentimes in ways they never dreamed possible. haven’t heard of bandwidth? well you’ve probably used one of our products before. we power some of the most important communications technologies on the market today—names like google, skype and ring central to name a few. at bandwidth, we’ve got a passion for doing things the other way – imagining what they could be and uncovering opportunities to take a new approach to create what should be. we’re out to disrupt the century-old rules of the telecom industry—and that means doing things differently in every area of our business. it’s in the way we treat our people, and how we create with our customers. whether our engineering teams are crunching code during all-night
Companies with beta similar to Bandwidth Inc
- Arcus Development has Beta of 2.05
- Tata Motors has Beta of 2.05
- Tata Motors has Beta of 2.05
- Nanobiotix S.A has Beta of 2.05
- Nanobiotix SA has Beta of 2.05
- Signature Resources has Beta of 2.05
- Bandwidth Inc has Beta of 2.05
- NGEx Minerals has Beta of 2.05
- Aryzta Ag has Beta of 2.05
- Heidelberger Druckmaschinen AG has Beta of 2.05
- Black Mammoth Metals has Beta of 2.05
- Predictmedix has Beta of 2.05
- African Gold has Beta of 2.06