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Neo Marketing (TSE:4196) Beta : 0.40 (As of Oct. 31, 2024)


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What is Neo Marketing Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-10-31), Neo Marketing's Beta is 0.40.


Neo Marketing Beta Historical Data

The historical data trend for Neo Marketing'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.

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Neo Marketing Beta Chart

Neo Marketing Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Beta
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Neo Marketing Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 0.42

Competitive Comparison of Neo Marketing's Beta

For the Advertising Agencies subindustry, Neo Marketing'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.


Neo Marketing's Beta Distribution in the Media - Diversified Industry

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

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



Neo Marketing 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.


Neo Marketing  (TSE:4196) 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)


Neo Marketing Beta Related Terms

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Neo Marketing Business Description

Traded in Other Exchanges
N/A
Address
16-25 Nanpeidaicho, Yomeishu Building, Shibuya-ku, Tokyo, JPN, 150-0036
Neo Marketing Inc is involved in the marketing consulting business.

Neo Marketing Headlines

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