Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-07), Monotype Imaging Holdings's Beta is Not available.
* 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.
Competitive Comparison of Monotype Imaging Holdings's Beta
For the Software - Application subindustry, Monotype Imaging Holdings'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.
Monotype Imaging Holdings's Beta Distribution in the Software Industry
For the Software industry and Technology sector, Monotype Imaging Holdings's Beta distribution charts can be found below:
* The bar in red indicates where Monotype Imaging Holdings's Beta falls into.
Monotype Imaging Holdings 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.
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)
Monotype Imaging Holdings Beta Related Terms
Thank you for viewing the detailed overview of Monotype Imaging Holdings's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
Monotype Imaging Holdings (Monotype Imaging Holdings) Business Description
Monotype Imaging Holdings Inc. is a provider of typeface, technology and expertise for creative applications and consumer devices. Its business is organized in two units with one serving creative professionals, and the other serving original equipment manufacturers. The former helps customers provide branded or personalized content across multiple devices and mediums. The latter provides manufacturers and software vendors solutions to deliver consistent user experiences. The company derives revenue from licenses and per-unit royalties. A majority of the firm's revenue is generated in the United States, and the rest in the United Kingdom, Germany, Japan, and the rest of Asia.
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