Oil, Gas & Consumable Fuels Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1GPTC Golden Patriot Corp
75.55
 0.00 
 0.00 
 0.00 
2CVE Cenovus Energy
2.62
(0.12)
 1.85 
(0.22)
3DNN Denison Mines Corp
1.88
 0.20 
 3.95 
 0.80 
4UEC Uranium Energy Corp
1.83
 0.23 
 4.58 
 1.05 
5IMO Imperial Oil
1.77
 0.03 
 1.82 
 0.05 
6NXE NexGen Energy
1.76
 0.20 
 3.32 
 0.66 
7CEIX Consol Energy
1.74
 0.22 
 2.51 
 0.56 
8UROY Uranium Royalty Corp
1.69
 0.15 
 3.79 
 0.57 
9OXY Occidental Petroleum
1.61
(0.10)
 1.48 
(0.15)
10WWR Westwater Resources
1.58
 0.05 
 3.85 
 0.19 
11UUUU Energy Fuels
1.54
 0.19 
 4.31 
 0.81 
12YPF YPF Sociedad Anonima
1.47
 0.37 
 2.44 
 0.89 
13SU Suncor Energy
1.46
 0.03 
 1.64 
 0.05 
14LEU Centrus Energy
1.2
 0.16 
 7.99 
 1.28 
15ARLP Alliance Resource Partners
1.16
 0.22 
 1.27 
 0.28 
16URG Ur Energy
1.08
 0.16 
 3.17 
 0.51 
17CVX Chevron Corp
1.08
 0.14 
 1.18 
 0.17 
18E Eni SpA ADR
0.99
(0.07)
 1.25 
(0.09)
19BTU Peabody Energy Corp
0.98
 0.09 
 2.56 
 0.24 
20NC NACCO Industries
0.94
 0.08 
 2.57 
 0.21 
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.