IT Consulting & Other Services Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1SLLN Searchlight Solutions
63.85
 0.00 
 0.00 
 0.00 
2UMLS Ultimate Lifestyle Corp
15.45
 0.00 
 0.00 
 0.00 
3MI NFT Limited
3.69
 0.13 
 6.29 
 0.79 
4KD Kyndryl Holdings
2.02
 0.23 
 2.30 
 0.53 
5SAIH SAIHEAT Limited
1.85
 0.21 
 9.04 
 1.93 
6EPAM EPAM Systems
1.72
 0.09 
 2.47 
 0.23 
7WYY Widepoint C
1.59
 0.06 
 6.83 
 0.44 
8TSSI TSS, Common Stock
1.42
 0.21 
 11.87 
 2.53 
9UIS Unisys
1.36
 0.05 
 3.84 
 0.20 
10ACN Accenture plc
1.33
 0.03 
 1.63 
 0.04 
11IT Gartner
1.23
(0.09)
 1.35 
(0.13)
12DXC DXC Technology Co
1.21
 0.04 
 2.55 
 0.09 
13DAVA Endava
1.16
(0.06)
 4.63 
(0.26)
14RAMP Liveramp Holdings
1.02
 0.16 
 3.27 
 0.51 
15CTSH Cognizant Technology Solutions
0.98
 0.13 
 1.44 
 0.19 
16HCKT The Hackett Group
0.97
(0.04)
 1.96 
(0.07)
17CSPI CSP Inc
0.9
(0.07)
 4.23 
(0.29)
18CLPS CLPS Inc
0.84
(0.01)
 2.93 
(0.04)
19WIT Wipro Limited ADR
0.74
 0.13 
 1.55 
 0.21 
20RSSS Research Solutions
0.67
 0.05 
 2.86 
 0.15 
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.