Unit4 NV (FRA:UNT) Beta : N/A (As of May. 13, 2024)

Unit4 NV Beta Chart

Unit4 NV Annual Data
	Trend	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Beta		Get a 7-Day Free Trial					1.06	1.03	0.85	0.68	0.67

Unit4 NV Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Beta	Get a 7-Day Free Trial							1.06	1.03	0.85	0.68	0.67

Competitive Comparison of Unit4 NV's Beta

For the Software - Application subindustry, Unit4 NV'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.

Unit4 NV's Beta Distribution in the Software Industry

For the Software industry and Technology sector, Unit4 NV's Beta distribution charts can be found below:

* The bar in red indicates where Unit4 NV's Beta falls into.

Unit4 NV 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.

Unit4 NV  (FRA:UNT) 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)

Unit4 NV Beta Related Terms

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Unit4 NV (FRA:UNT) Business Description