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i-mobile Co (TSE:6535) Beta : 0.38 (As of May. 09, 2024)


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What is i-mobile Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-09), i-mobile Co's Beta is 0.38.


i-mobile Co Beta Historical Data

The historical data trend for i-mobile Co'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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i-mobile Co Beta Chart

i-mobile Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.47 0.61 0.90 0.77

i-mobile Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 1.04 0.77 0.63 0.52

Competitive Comparison of i-mobile Co's Beta

For the Advertising Agencies subindustry, i-mobile Co'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.


i-mobile Co's Beta Distribution in the Media - Diversified Industry

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

* The bar in red indicates where i-mobile Co's Beta falls into.



i-mobile Co 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.


i-mobile Co  (TSE:6535) 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)


i-mobile Co Beta Related Terms

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i-mobile Co (TSE:6535) Business Description

Traded in Other Exchanges
N/A
Address
N-2F, N.E.S. Building 22-14, Sakuragaoka-cho, Shibuya-ku, Tokyo, JPN, 150-0031
i-mobile Co Ltd provides advertising platform for clients to advertise products and for publishers to monetize cyberspace. Its ad network helps to bring advertisers and media together.

i-mobile Co (TSE:6535) Headlines

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