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Life Is Hard (BSE:LIH) Beta : 0.86 (As of Dec. 11, 2024)


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What is Life Is Hard Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), Life Is Hard's Beta is 0.86.


Life Is Hard Beta Historical Data

The historical data trend for Life Is Hard'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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Life Is Hard Beta Chart

Life Is Hard Annual Data
Trend
Beta

Life Is Hard Semi-Annual Data
Beta

Competitive Comparison of Life Is Hard's Beta

For the Software - Infrastructure subindustry, Life Is Hard'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.


Life Is Hard's Beta Distribution in the Software Industry

For the Software industry and Technology sector, Life Is Hard's Beta distribution charts can be found below:

* The bar in red indicates where Life Is Hard's Beta falls into.



Life Is Hard 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.


Life Is Hard  (BSE:LIH) 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)


Life Is Hard Beta Related Terms

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Life Is Hard Business Description

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Address
Strada Avram Iancu Nr. 500, Floresti, Cluj-Napoca, ROU, 407280
Life Is Hard SA is a software company. The company provides solutions in the areas of cloud computing, digital enterprise services, and industrial internet of things. It also provides infrastructure management services and mobility solutions. The company uses the following technology in project namely HP, REST, Android SDK, and jQuery.

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