AMREP Beta
What is the Beta of AMREP?
The Beta of AMREP Corp. is 0.39
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 Industrials sector on NYSE compared to AMREP
What does AMREP do?
“our suite of services is designed to support customers with an integrated approach to their product fulfillment and marketing program requirements. we appreciate and value the trust our customers place in our team and capabilities, and proudly view our client’s success as our success.” - michael duloc, kable ceo kable puts the pieces together. kable fulfillment provides superior quality and flexible options combined with lower cost solutions, to its customers. headquartered in fairfield, ohio, kable has built long-standing relationships with clients – small to large (fortune 500) helping them meet their customer’s guidelines. in addition to our streamlined, state-of-the art fulfillment solutions, we also offer a variety of co-packaging services: variable work schedules to meet your production demands with our 12 flexible assembly lines. multitude of assembly technologies; such as: automated shrink tunnels, over wrapping, skin packaging and blister packaging. excellent pe
Companies with beta similar to AMREP
- Ozner Water International has Beta of 0.39
- GMéxico Transportes, S.A.B. de C.V has Beta of 0.39
- Invesco Municipal Income Opportunities Trust has Beta of 0.39
- Okura has Beta of 0.39
- Parle Software has Beta of 0.39
- Mold-Tek Technologies has Beta of 0.39
- AMREP has Beta of 0.39
- Prudential has Beta of 0.39
- Astrazeneca plc has Beta of 0.39
- Goldpac has Beta of 0.39
- First Northwest Bancorp has Beta of 0.39
- Gala Global Products has Beta of 0.40
- Innergex Renewable has Beta of 0.40