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GGToor (GGToor) Beta : 0.02 (As of May. 09, 2024)


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What is GGToor Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-09), GGToor's Beta is 0.02.


GGToor Beta Historical Data

The historical data trend for GGToor'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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GGToor Beta Chart

GGToor Annual Data
Trend May10
Beta
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GGToor Quarterly Data
May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of GGToor's Beta

For the Entertainment subindustry, GGToor'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.


GGToor's Beta Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, GGToor's Beta distribution charts can be found below:

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



GGToor 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.


GGToor  (OTCPK:GTOR) 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)


GGToor Beta Related Terms

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GGToor (GGToor) Business Description

Traded in Other Exchanges
N/A
Address
430 Walker Lane, Thomasville, GA, USA, 31792
GGToor Inc through its wholly-owned subsidiary created an interactive website that will provide an array of different options allowing self-registration for players, organizers, and leagues to compete in all scheduled events. Each registrant will have their administration panel, the players can update their profile see their stats and competitor's stats scorecard in real-time, and review before or after events. Organizers can set up their events on games that will accept based on rules and submit them for approval.

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