Lowest Beta in the Electrical Components & Equipment Industry Detected in Shares of Energy Focus (EFOI, POWL, LYTS, PLPC, EMR)
Below are the three companies in the Electrical Components & Equipment industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Energy Focus ranks lowest with a a beta of 0.4. Following is Powell Industries with a a beta of 0.8. LSI Industries ranks third lowest with a a beta of 0.9.
Preformed Line Products follows with a a beta of 1.0, and Emerson Electric rounds out the bottom five with a a beta of 1.1.
SmarTrend is monitoring the recent change of momentum in Emerson Electric. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Emerson Electric in search of a potential trend change.
Keywords: lowest beta energy focus powell industries lsi industries preformed line products Emerson Electric