Covance SoftSol (BOM:544361) Beta: N/A (As of Jul. 07, 2026)


BOM:544361 Covance SoftSol Ltd BOM:544361
30 GF Score
Price ₹201.60
! 3 Warning Signs
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What is Covance SoftSol Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-07), Covance SoftSol's Beta is Not available.

Covance SoftSol  (BOM:544361) 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)

Covance SoftSol Beta Related Terms

Covance SoftSol Beta Historical Data

* Premium members only.

The historical data trend for Covance SoftSol'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.

Covance SoftSol Beta Chart

Covance SoftSol Annual Data
Trend Mar24 Mar25 Mar26
Beta
0.00 0.00 0.00

Covance SoftSol Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOM:544361
30GF Score
Covance SoftSol Ltd BOM:544361
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Covance SoftSol 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.

Covance SoftSol Business Description

Address Infocity, Plot No.4, Software Units Layout, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Covance SoftSol Ltd is engaged in the business of information and technology services. It offers various services, including business process transformation, data transformation, enterprise application transformation, and tool-assisted modernization, by utilizing technologies such as cloud, artificial intelligence, machine learning, and provides data analytics solutions with an intuitive UX/UI design. The company caters to enterprises from different industries such as healthcare, media, manufacturing, government, insurance, etc. The firm generates a majority of its revenue through the export of services, and the rest from its domestic operations.
30GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹201.60
Price