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Bettermoo(d) Food (FRA:0I5A) Beta : 0.87 (As of Dec. 15, 2024)


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What is Bettermoo(d) Food Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Bettermoo(d) Food's Beta is 0.87.


Bettermoo(d) Food Beta Historical Data

The historical data trend for Bettermoo(d) Food'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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Bettermoo(d) Food Beta Chart

Bettermoo(d) Food Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Beta
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Bettermoo(d) Food Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Oct22 Jan23 Apr23 Oct23 Jan24 Apr24
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 - - - - 1.31

Competitive Comparison of Bettermoo(d) Food's Beta

For the Packaged Foods subindustry, Bettermoo(d) Food'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.


Bettermoo(d) Food's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bettermoo(d) Food's Beta distribution charts can be found below:

* The bar in red indicates where Bettermoo(d) Food's Beta falls into.



Bettermoo(d) Food 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.


Bettermoo(d) Food  (FRA:0I5A) 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)


Bettermoo(d) Food Beta Related Terms

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Bettermoo(d) Food Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.

Bettermoo(d) Food Headlines

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