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AfterMaster (AfterMaster) Beta : -0.55 (As of May. 26, 2024)


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What is AfterMaster Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-26), AfterMaster's Beta is -0.55.


AfterMaster Beta Historical Data

The historical data trend for AfterMaster'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.

* Premium members only.

AfterMaster Beta Chart

AfterMaster Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.12 1.53 0.89 -3.87

AfterMaster Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.42 -3.87 -4.08 -4.69 -2.72

Competitive Comparison of AfterMaster's Beta

For the Entertainment subindustry, AfterMaster'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.


AfterMaster's Beta Distribution in the Media - Diversified Industry

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

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



AfterMaster 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.


AfterMaster  (OTCPK:AFTM) 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)


AfterMaster Beta Related Terms

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AfterMaster (AfterMaster) Business Description

Traded in Other Exchanges
N/A
Address
6671 Sunset Boulevard, Suite 1520, Hollywood, CA, USA, 90028
AfterMaster Inc is an audio technology company along with its subsidiaries engages in the development and commercialization of audio and video technologies for professional and consumer use. Its branded product, AfterMaster Pro is a personal audio re-mastering device. Aftermaster Pro transforms the audio of television, smartphone, headphones, laptop, tablet, gaming unit, or virtually any audio-enabled device. The company also provides MyStudio.net, a Website for video sharing, social networking, and talent-related television programming.

AfterMaster (AfterMaster) Headlines

From GuruFocus

Aftermaster Addresses Unsolicited Promotional Campaign

By Marketwired Marketwired 01-25-2019

Aftermaster Addresses Unsolicited Promotional Campaign

By GlobeNewswire GlobeNewswire 01-24-2019

Aftermaster welcomes new Marketing and Social Media teams

By Marketwired Marketwired 12-14-2018

Aftermaster Introduces Its New “Superbar™” At 2019 CES

By Marketwired Marketwired 01-17-2019

Aftermaster Signs Manufacturing Agreement with Advantego

By Marketwired Marketwired 02-05-2019

Aftermaster Finalizes Major Debt and Share Transaction

By ACCESSWIRE AccessWire 04-12-2019