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Computer Engineeringnsulting (Computer Engineeringnsulting) Beta : N/A (As of Jun. 20, 2024)


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What is Computer Engineeringnsulting Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-20), Computer Engineeringnsulting's Beta is Not available.


Computer Engineeringnsulting Beta Historical Data

The historical data trend for Computer Engineeringnsulting'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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Computer Engineeringnsulting Beta Chart

Computer Engineeringnsulting Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Beta
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Computer Engineeringnsulting Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of Computer Engineeringnsulting's Beta

For the Software - Application subindustry, Computer Engineeringnsulting'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.


Computer Engineeringnsulting's Beta Distribution in the Software Industry

For the Software industry and Technology sector, Computer Engineeringnsulting's Beta distribution charts can be found below:

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



Computer Engineeringnsulting 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.


Computer Engineeringnsulting  (GREY:CMECF) 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)


Computer Engineeringnsulting Beta Related Terms

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Computer Engineeringnsulting (Computer Engineeringnsulting) Business Description

Traded in Other Exchanges
Address
5-5, Ebisu Minami 1-chome, JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022
Computer Engineering & Consulting Ltd. is a Japan-based company engaged in software development, information technology (IT) management, and verification services. It offers comprehensive ICT services, and operates in the business divisions of Digital Industry Business and Service Integration Business.

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