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Dentalcorp Holdings (Dentalcorp Holdings) Beta : N/A (As of Jun. 03, 2024)


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What is Dentalcorp Holdings Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-03), Dentalcorp Holdings's Beta is Not available.


Dentalcorp Holdings Beta Historical Data

The historical data trend for Dentalcorp Holdings'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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Dentalcorp Holdings Beta Chart

Dentalcorp Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Dentalcorp Holdings Quarterly Data
Apr18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Dentalcorp Holdings's Beta

For the Medical Care Facilities subindustry, Dentalcorp Holdings'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.


Dentalcorp Holdings's Beta Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dentalcorp Holdings's Beta distribution charts can be found below:

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



Dentalcorp Holdings 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.


Dentalcorp Holdings  (OTCPK:DNTCF) 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)


Dentalcorp Holdings Beta Related Terms

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Dentalcorp Holdings (Dentalcorp Holdings) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2600, Toronto, ON, CAN, M5J 2T3
Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

Dentalcorp Holdings (Dentalcorp Holdings) Headlines