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Abby (ABBY) Beta : 0.91 (As of May. 06, 2024)


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What is Abby Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-06), Abby's Beta is 0.91.


Abby Beta Historical Data

The historical data trend for Abby'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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Abby Beta Chart

Abby Annual Data
Trend Nov10 Nov11 Nov12 Dec13 Dec14 Dec15 Dec16
Beta
Get a 7-Day Free Trial - - 0.65 -3.06 -2.94

Abby Quarterly Data
Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Dec13 Dec14 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
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 -2.56 -2.77 -3.31 -2.94 -2.05

Competitive Comparison of Abby's Beta

For the Internet Content & Information subindustry, Abby'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.


Abby's Beta Distribution in the Interactive Media Industry

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

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



Abby 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.


Abby  (OTCPK:ABBY) 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)


Abby Beta Related Terms

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Abby (ABBY) Business Description

Traded in Other Exchanges
N/A
Address
455 East Thousand Oaks boulevard, Suite 105, Thousand Oaks, CA, USA, 91360
Abby Inc is a provider of training and productivity solutions for payment processing agencies such as financial institutions, utilities, government agencies, insurance companies, and retail operations throughout the United States and Canada. The company focuses on financial transaction markets providing computer-based productivity solutions to increase accuracy and productivity while reducing overall training time. Its products portfolio includes Remitt Performer, ProofPerformer, KeyPro, Customized Training, ImagePro, Remote Deposit Capture, and Skills Assessment.

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