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Allin (ALLN) Beta : -0.09 (As of May. 26, 2024)


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What is Allin Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-26), Allin's Beta is -0.09.


Allin Beta Historical Data

The historical data trend for Allin'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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Allin Beta Chart

Allin Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.70 1.56 0.60 -0.31

Allin Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.14 -0.31 0.45 0.38 0.53

Competitive Comparison of Allin's Beta

For the Broadcasting subindustry, Allin'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.


Allin's Beta Distribution in the Media - Diversified Industry

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

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



Allin 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.


Allin  (GREY:ALLN) 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)


Allin Beta Related Terms

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Allin (ALLN) Business Description

Traded in Other Exchanges
N/A
Address
381 Mansfield Avenue, Suite 400, Pittsburgh, PA, USA, 15220
Allin Corp is a provider of solutions-oriented application development and technology infrastructure consulting and systems integration services.

Allin (ALLN) Headlines