Viva Entertainment Group (Viva Entertainment Group) Beta : 4.20 (As of Apr. 28, 2024)

Viva Entertainment Group Beta Chart

Viva Entertainment Group Annual Data
	Trend	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18
Beta		Get a 7-Day Free Trial				-	-	-0.87	0.74	0.95

Viva Entertainment Group Semi-Annual Data
	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Apr21	Apr22
Beta	Get a 7-Day Free Trial															0.88	0.95	5.68	2.02	2.41

Competitive Comparison of Viva Entertainment Group's Beta

For the Internet Content & Information subindustry, Viva Entertainment Group'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.

Viva Entertainment Group's Beta Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Beta distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Beta falls into.

Viva Entertainment Group 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.

Viva Entertainment Group  (OTCPK:OTTV) 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)

Viva Entertainment Group Beta Related Terms

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Viva Entertainment Group (Viva Entertainment Group) Business Description