GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madhya Pradesh Today Media Ltd (NSE:MPTODAY) » Definitions » Beta

Madhya Pradesh Today Media (NSE:MPTODAY) Beta : -1.28 (As of May. 22, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Madhya Pradesh Today Media Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-22), Madhya Pradesh Today Media's Beta is -1.28.


Madhya Pradesh Today Media Beta Historical Data

The historical data trend for Madhya Pradesh Today Media'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.

Madhya Pradesh Today Media Beta Chart

Madhya Pradesh Today Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.26 -0.01 -1.06

Madhya Pradesh Today Media Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 0.26 0.26 0.17 -0.01 -1.06

Competitive Comparison of Madhya Pradesh Today Media's Beta

For the Publishing subindustry, Madhya Pradesh Today Media'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.


Madhya Pradesh Today Media's Beta Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Madhya Pradesh Today Media's Beta falls into.



Madhya Pradesh Today Media 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.


Madhya Pradesh Today Media  (NSE:MPTODAY) 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)


Madhya Pradesh Today Media Beta Related Terms

Thank you for viewing the detailed overview of Madhya Pradesh Today Media's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Madhya Pradesh Today Media (NSE:MPTODAY) Business Description

Traded in Other Exchanges
N/A
Address
M.P. Nagar, Plot No. 5, Press Complex, Zone - I, Bhopal, MP, IND, 462011
Madhya Pradesh Today Media Ltd is engaged in the publication of the newspaper, news through the news portal, and event-based magazines. The company's newspapers include Pradesh Today, and Morning Daily, among others. The company is primarily engaged in print media. It generates maximum revenue from Advertisements.

Madhya Pradesh Today Media (NSE:MPTODAY) Headlines

No Headlines