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IT Consultants (DHA:ITC) Beta : N/A (As of May. 12, 2024)


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What is IT Consultants Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), IT Consultants's Beta is Not available.


IT Consultants Beta Historical Data

The historical data trend for IT Consultants's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IT Consultants Beta Chart

IT Consultants Annual Data
Trend
Beta

IT Consultants Semi-Annual Data
Beta

Competitive Comparison of IT Consultants's Beta

For the Software - Infrastructure subindustry, IT Consultants's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IT Consultants's Beta Distribution in the Software Industry

For the Software industry and Technology sector, IT Consultants's Beta distribution charts can be found below:

* The bar in red indicates where IT Consultants's Beta falls into.



IT Consultants Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


IT Consultants  (DHA:ITC) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


IT Consultants Beta Related Terms

Thank you for viewing the detailed overview of IT Consultants's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


IT Consultants (DHA:ITC) Business Description

Traded in Other Exchanges
N/A
Address
Evergreen Plaza, 260/B, Tejgaon I/A, 3rd Floor, Dhaka, BGD, 1208
Information Technology Consultants Ltd is engaged in electronic payment and transaction processing system. The business of the Company includes online Switching Solution, Software Development and Service Provider of Q-Cash member banks shared ATM network. The company is committed to being the leader as Smart Card Solutions Provider in the Banking sector as well as the Automated Transaction Processing Industry in Bangladesh.

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