GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Box Technologies Inc (OTCPK:DBOXF) » Definitions » Beta

D-Box Technologies (D-Box Technologies) Beta : -0.33 (As of Apr. 28, 2024)


View and export this data going back to . Start your Free Trial

What is D-Box Technologies Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-28), D-Box Technologies's Beta is -0.33.


D-Box Technologies Beta Historical Data

The historical data trend for D-Box Technologies'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.

* Premium members only.

D-Box Technologies Beta Chart

D-Box Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.54 3.24 2.66 1.77

D-Box Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.12 1.77 2.44 -0.05 -0.47

Competitive Comparison of D-Box Technologies's Beta

For the Consumer Electronics subindustry, D-Box Technologies'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.


D-Box Technologies's Beta Distribution in the Hardware Industry

For the Hardware industry and Technology sector, D-Box Technologies's Beta distribution charts can be found below:

* The bar in red indicates where D-Box Technologies's Beta falls into.



D-Box Technologies 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.


D-Box Technologies  (OTCPK:DBOXF) 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)


D-Box Technologies Beta Related Terms

Thank you for viewing the detailed overview of D-Box Technologies's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


D-Box Technologies (D-Box Technologies) Business Description

Traded in Other Exchanges
Address
2172 Rue de la Province Street, Longueuil, QC, CAN, J4G 1R7
D-Box Technologies Inc designs, manufactures, and markets cutting-edge motion systems for the entertainment, simulation, and training markets. The company has only one segment: the development, manufacture, and sale of cutting-edge motion systems. Its geographical segment includes the United States which is a key revenue driver, Canada, Europe, Asia, South America, Oceania, and Africa.