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
266.71
 0.42 
 407.55 
 172.43 
3MJWL Majic Wheels Corp
24.9
 0.11 
 126.82 
 14.29 
4ECCI Ecoloclean Industrs
14.87
 0.13 
 125.99 
 15.87 
5FTEK Fuel Tech
4.13
 0.01 
 2.30 
 0.03 
6TVE Tennessee Valley Authority
2.91
(0.01)
 0.40 
 0.00 
7GNCC Genco
2.44
 0.00 
 0.00 
 0.00 
8EVGOW EVgo Equity Warrants
2.39
 0.12 
 23.54 
 2.86 
9SPIR Spire Global
1.97
 0.18 
 3.87 
 0.69 
10MEG Montrose Environmental Grp
1.86
(0.12)
 5.25 
(0.61)
11TISI Team Inc
1.83
 0.05 
 7.75 
 0.35 
12GWAV Greenwave Technology Solutions
1.7
 0.10 
 11.51 
 1.16 
13LNZA LanzaTech Global
1.59
 0.04 
 8.29 
 0.33 
14LICY LiCycle Holdings Corp
1.51
(0.01)
 8.35 
(0.09)
15BV BrightView Holdings
1.29
 0.04 
 2.69 
 0.10 
16HDSN Hudson Technologies
1.22
(0.18)
 3.48 
(0.61)
17CLH Clean Harbors
1.21
(0.01)
 2.20 
(0.03)
18ROMA Roma Green Finance
1.2
 0.06 
 5.43 
 0.33 
19IPDN Professional Diversity Network
1.16
 0.04 
 11.27 
 0.41 
20ABM ABM Industries Incorporated
1.13
 0.00 
 1.75 
 0.01 
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.