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Mid-Southern Bancorp (Mid-Southern Bancorp) Beta : 0.28 (As of Apr. 27, 2024)


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What is Mid-Southern Bancorp Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-27), Mid-Southern Bancorp's Beta is 0.28.


Mid-Southern Bancorp Beta Historical Data

The historical data trend for Mid-Southern Bancorp'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.

Mid-Southern Bancorp Beta Chart

Mid-Southern Bancorp Annual Data
Trend Sep02 Dec03 Dec04 Dec05 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.30 0.15 0.08 0.02

Mid-Southern Bancorp Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.07 0.06 0.02 -0.07 0.15

Competitive Comparison of Mid-Southern Bancorp's Beta

For the Banks - Regional subindustry, Mid-Southern Bancorp'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.


Mid-Southern Bancorp's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mid-Southern Bancorp's Beta distribution charts can be found below:

* The bar in red indicates where Mid-Southern Bancorp's Beta falls into.



Mid-Southern Bancorp 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.


Mid-Southern Bancorp  (OTCPK:MSVB) 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)


Mid-Southern Bancorp Beta Related Terms

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Mid-Southern Bancorp (Mid-Southern Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
300 North Water Street, Salem, IN, USA, 47167
Mid-Southern Bancorp Inc is a United States-based savings and loan holding company of Mid-Southern Savings Bank. It is engaged in providing a variety of banking services to individuals and business customers. The bank offers personal banking and business banking services. Its services portfolio comprises checking, savings, card services, and loan products. It also offers online and mobile banking facilities. The company derives revenue from interest on loans and, to a lesser extent, interest on investment securities and mortgage-backed securities.
Executives
Eric A. Koch director 300 N. WATER STREET, SALEM IN 47167
James O. King officer: EVP and Senior Loan Officer 300 N. WATER ST., SALEM IN 47167
Robert W. Derossett officer: Chief Financial Officer 300 NORTH WATER STREET, SALEM IN 47167
Alexander G. Babey director, officer: President and CEO 300 NORTH WATER STREET, SALEM IN 47167
Charles W. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Erica B. Schmidt officer: Executive VP and CFO 300 NORTH WATER STREET, SALEM IN 47167
Trent L. Fisher director 300 NORTH WATER STREET, SALEM IN 47167
Frank M. Benson officer: Executive VP, SLO 300 NORTH WATER STREET, SALEM IN 47167
Larry R. Bailey director 300 NORTH WATER STREET, SALEM IN 47167
Brent A. Rosenbaum director 300 NORTH WATER STREET, SALEM IN 47167
Dana J. Dunbar director, other: Chairman of the Board 300 NORTH WATER STREET, SALEM IN 47167
Kermit A. Lamb director 300 NORTH WATER STREET, SALEM IN 47167
Paul G. Allemeier director 300 NORTH WATER STREET, SALEM IN 47167