Application Software Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1PGFY Pingify International
122.31
 0.00 
 0.00 
 0.00 
2ARSC American Security Resources
77.78
 0.00 
 0.00 
 0.00 
3PMSO Primal Solutions
40.01
 0.00 
 0.00 
 0.00 
4USDC USDATA Corp
21.18
 0.00 
 0.00 
 0.00 
5TLPC Telpac Industries
13.01
 0.13 
 127.00 
 16.13 
6MEDT Mediatechnics Corp
12.43
 0.00 
 0.00 
 0.00 
7ADGL AllDigital Holdings
11.16
 0.00 
 0.00 
 0.00 
8DGXX Digi Power X
9.92
 0.22 
 8.39 
 1.82 
9VBTC Vubotics
8.6
 0.00 
 0.00 
 0.00 
10MFH Mercurity Fintech Holding
8.29
(0.02)
 12.64 
(0.24)
11NXTT Next Technology Holding
8.03
 0.14 
 87.03 
 12.35 
12PNYTF Poynt
7.81
 0.00 
 0.00 
 0.00 
13RBTI Red Branch Technologies
7.16
 0.00 
 0.00 
 0.00 
14MARA Marathon Digital Holdings
6.55
 0.11 
 4.66 
 0.52 
15PGYWW Pagaya Technologies Ltd
5.95
 0.00 
 0.00 
 0.00 
16APLD Applied Digital
5.87
 0.19 
 9.09 
 1.74 
17BTBT Bit Digital
5.26
 0.12 
 6.64 
 0.80 
18CLSK CleanSpark
4.25
 0.16 
 4.63 
 0.73 
19OBLG Oblong Inc
4.14
 0.14 
 8.02 
 1.13 
20RVYL Ryvyl Inc
4.1
(0.02)
 20.13 
(0.41)
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.