Environmental & Facilities Services Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1HERC HERC Products
4.42 K
 0.00 
 0.00 
 0.00 
2BLSP Blue Sphere Corp
250.89
 0.34 
 347.14 
 118.03 
3MJWL Majic Wheels Corp
22.68
 0.00 
 0.00 
 0.00 
4FTEK Fuel Tech
4.24
 0.01 
 2.87 
 0.04 
5ECCI Ecoloclean Industrs
3.83
 0.00 
 0.00 
 0.00 
6TVE Tennessee Valley Authority
2.91
 0.24 
 0.38 
 0.09 
7GNCC Genco
2.44
 0.00 
 0.00 
 0.00 
8EVGOW EVgo Equity Warrants
2.38
(0.12)
 8.25 
(0.99)
9SPIR Spire Global
2.35
(0.05)
 8.49 
(0.46)
10TISI Team Inc
1.91
 0.08 
 5.64 
 0.47 
11MEG Montrose Environmental Grp
1.72
(0.05)
 5.96 
(0.29)
12GWAV Greenwave Technology Solutions
1.7
(0.17)
 8.69 
(1.44)
13ESGL ESGL Holdings Limited
1.5
 0.13 
 7.76 
 0.99 
14ESGLW ESGL Holdings Limited
1.5
 0.05 
 15.15 
 0.70 
15LICY LiCycle Holdings Corp
1.38
(0.19)
 8.35 
(1.60)
16BV BrightView Holdings
1.32
(0.15)
 2.28 
(0.35)
17LNZA LanzaTech Global
1.32
(0.28)
 8.76 
(2.45)
18IPDN Professional Diversity Network
1.3
(0.11)
 7.39 
(0.80)
19CLH Clean Harbors
1.22
(0.16)
 1.53 
(0.24)
20ROMA Roma Green Finance
1.2
 0.03 
 6.40 
 0.18 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.