GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (HKSE:02306) » Definitions » Beta

YH Entertainment Group (HKSE:02306) Beta : N/A (As of Sep. 26, 2024)


View and export this data going back to 2023. Start your Free Trial

What is YH Entertainment Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-26), YH Entertainment Group's Beta is Not available.

YH Entertainment Group Beta Historical Data

The historical data trend for YH Entertainment Group'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.

YH Entertainment Group Beta Chart

YH Entertainment Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Beta
- - - - -

YH Entertainment Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of YH Entertainment Group's Beta

For the Entertainment subindustry, YH Entertainment Group'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.

YH Entertainment Group's Beta Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's Beta distribution charts can be found below:

* The bar in red indicates where YH Entertainment Group's Beta falls into.


YH Entertainment Group 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.

YH Entertainment Group  (HKSE:02306) 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)

YH Entertainment Group Beta Related Terms

Thank you for viewing the detailed overview of YH Entertainment Group's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

YH Entertainment Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (HKSE:02306) » Definitions » Beta
Comparable Companies
HKSE:09857 HKSE:01003 HKSE:01970 HKSE:03636 HKSE:00326 HKSE:01981 HKSE:00547 HKSE:08446 HKSE:00391 HKSE:02309 NFLX DIS XAMS:UMG WBD LYV SIRI WMG XPAR:BOL FWONA FOXA
Traded in Other Exchanges
YHEGF:USA
Address
No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN
Website
https://www.yuehuamusic.com
YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.
Executives
Ali Cv Investment Holding Limited 2201 Interest of corporation controlled by you
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
Alibaba Pictures Group Limited 2201 Interest of corporation controlled by you
Brilliant Spark Holdings Limited
Cmc Inc. (formerly Known As Cmc Holdings Limited)
Cmc Sports Acquisition Limited
Cmc Sports Investment Limited
Interform Construction Supplies Limited 2101 Beneficial owner
Sac Enterprises Limited 2201 Interest of corporation controlled by you
Du Hua
Sun Yiding
Ding Guohua Limited
Huadingguo Limited
Li Ruigang

YH Entertainment Group Headlines

No Headlines