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Caja de Ahorros del Mediterraneo (XMAD:CAM) Beta : N/A (As of Jun. 05, 2024)


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What is Caja de Ahorros del Mediterraneo Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-05), Caja de Ahorros del Mediterraneo's Beta is Not available.


Caja de Ahorros del Mediterraneo Beta Historical Data

The historical data trend for Caja de Ahorros del Mediterraneo'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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Caja de Ahorros del Mediterraneo Beta Chart

Caja de Ahorros del Mediterraneo Annual Data
Trend Dec08 Dec09 Dec10 Dec11
Beta
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Caja de Ahorros del Mediterraneo Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of Caja de Ahorros del Mediterraneo's Beta

For the Banks - Regional subindustry, Caja de Ahorros del Mediterraneo'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.


Caja de Ahorros del Mediterraneo's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Caja de Ahorros del Mediterraneo's Beta distribution charts can be found below:

* The bar in red indicates where Caja de Ahorros del Mediterraneo's Beta falls into.



Caja de Ahorros del Mediterraneo 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.


Caja de Ahorros del Mediterraneo  (XMAD:CAM) 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)


Caja de Ahorros del Mediterraneo Beta Related Terms

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Caja de Ahorros del Mediterraneo (XMAD:CAM) Business Description

Traded in Other Exchanges
N/A
Address
CL San Fernando 40, Alicante, ESP, 03001
Caja de Ahorros del Mediterraneo is a savings bank that receives deposits and provides commercial banking services in Spain.