Maptelligent Beta
What is the Beta of Maptelligent?
The Beta of Maptelligent, Inc. is 4.55
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 Technology sector on OTC compared to Maptelligent
What does Maptelligent do?
Maptelligent, Inc. develops location-specific geographic information systems. The company offers GEOcommand CityAware, a collaborative software system that creates interoperability and distribution of information across disparate systems and platforms for agencies and jurisdictions, emergency and disaster response planning, management, and mitigation; and GEOcommand SiteAware allows for a location-first approach to connecting multiple disparate data sources and business systems into one location-specific situational awareness interface for viewing critical assets and infrastructure. It also provides cloud based multi-layer geographic information platform that serves as the common situational awareness tool for various community services, including fire, police, public works, local utility companies, community planners, and tax assessors. The company serves local, state, and federal governments; public and private institutions; and schools, hospitals and nursing homes, ports, movie theatres, sport venues, and others. Maptelligent, Inc. is based in Henderson, Nevada.
Companies with beta similar to Maptelligent
- GreenBox POS has Beta of 4.42
- Simply Better Brands has Beta of 4.47
- Micron Waste Technologies Inc has Beta of 4.48
- Omega Diagnostics PLC has Beta of 4.48
- SAExploration has Beta of 4.54
- Tombill Mines has Beta of 4.55
- Maptelligent has Beta of 4.55
- Cielo Waste Solutions Corp has Beta of 4.56
- Gear has Beta of 4.57
- Gear has Beta of 4.57
- Equity Metals has Beta of 4.57
- Internet of Things has Beta of 4.59
- Sezzle has Beta of 4.64