Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-24), SoundBite Communications,'s Beta is Not available.
* 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.
Competitive Comparison of SoundBite Communications,'s Beta
For the Specialty Business Services subindustry, SoundBite Communications,'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.
SoundBite Communications,'s Beta Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, SoundBite Communications,'s Beta distribution charts can be found below:
* The bar in red indicates where SoundBite Communications,'s Beta falls into.
SoundBite Communications, 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.
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)
SoundBite Communications, Beta Related Terms
Thank you for viewing the detailed overview of SoundBite Communications,'s Beta provided by GuruFocus.com. Please click on the following links to see related term pages.
SoundBite Communications, (FRA:4S9) Business Description
SoundBite Communications, Inc. was founded in Delaware in April 2000. The Company provides an on-demand, multi-channel proactive customer communications service that enables organizations to design, execute and measure communication campaigns for a variety of marketing, customer care, payment and collection processes. Clients use its SoundBite Engage platform to communicate with their customers through voice, text and email messages that are relevant, timely, personalized and engaging. Its service is provided using a multi-tenant architecture, which enables a single customer communications platform to serve all of its clients cost-effectively. Clients use the SoundBite Engage platform to create and manage campaigns for a variety of marketing, customer care, payments and collections processes. A campaign is a series of communications with a targeted group of customers, typically for a defined period of time. The targeted group is identified by a contact list containing customer-specific attributes, including first and last names, telephone numbers, e-mail addresses and other information specific to the campaign. The Company's service is provided using a multi-tenant architecture, which enables a single PCC platform to serve all of its clients cost-effectively. To use its service, an organization does not need to invest in or maintain new hardware or to hire and manage dedicated information technology staff. The Company's Client Management organization helps clients select service features and adopt best practices that would enable the clients to use its multi-channel PCC platform effectively. The organization provides varying levels of support, such as managing entire campaigns, providing optimization recommendations and supporting self-service clients. It offers a range of services that includes script development, campaign strategy, professional voice talent recording, custom reporting and detailed analysis of campaign results. The Company serves its clients from three third-party hosting facilities, which are located in Ashburn, Virginia; Somerville, Massachusetts; and Toronto, Ontario. The Company's business operations are affected, directly or indirectly, by a range of U.S. federal and state laws and regulations that restrict customer communications activities using its service, its handling of information and other aspects of its business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:4S9 has been successfully added to your 