Sing Pao Media Enterprises (HKSE:08010) Beta : N/A (As of Jun. 21, 2024)

Sing Pao Media Enterprises Beta Chart

Sing Pao Media Enterprises Annual Data
	Trend	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14
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Sing Pao Media Enterprises Quarterly Data
	Mar08	Mar09	Sep09	Mar10	Sep10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14
Beta	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Sing Pao Media Enterprises's Beta

For the Publishing subindustry, Sing Pao Media Enterprises'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.

Sing Pao Media Enterprises's Beta Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Pao Media Enterprises's Beta distribution charts can be found below:

* The bar in red indicates where Sing Pao Media Enterprises's Beta falls into.

Sing Pao Media Enterprises 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.

Sing Pao Media Enterprises  (HKSE:08010) 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)

Sing Pao Media Enterprises Beta Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description