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K3 Business Technology Group (LSE:KBT) Beta : -0.26 (As of Mar. 17, 2025)


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What is K3 Business Technology Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-17), K3 Business Technology Group's Beta is -0.26.


K3 Business Technology Group Beta Historical Data

The historical data trend for K3 Business Technology 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.

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K3 Business Technology Group Beta Chart

K3 Business Technology Group Annual Data
Trend Jun14 Jun15 Jun16 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 - - 0.06 -0.21

K3 Business Technology Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 - - 0.06 -0.10 -0.21

Competitive Comparison of K3 Business Technology Group's Beta

For the Information Technology Services subindustry, K3 Business Technology 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.


K3 Business Technology Group's Beta Distribution in the Software Industry

For the Software industry and Technology sector, K3 Business Technology Group's Beta distribution charts can be found below:

* The bar in red indicates where K3 Business Technology Group's Beta falls into.



K3 Business Technology 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.


K3 Business Technology Group  (LSE:KBT) 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)


K3 Business Technology Group Beta Related Terms

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K3 Business Technology Group Business Description

Traded in Other Exchanges
N/A
Address
50 Kansas Avenue, Baltimore House, Manchester, GBR, M50 2GL
K3 Business Technology Group PLC is a business technology group. The company provides integrated business solutions including enterprise resource planning software, customer relationship management software, business intelligence, e-commerce, hosting, and managed services to the supply chain industry. It serves retail, manufacturing, and distribution customers. The company's segments include K3 Own IP, Global Accounts, and 3rd party products. It has operations in the United Kingdom, Netherlands, Ireland, the Middle East, the Rest of Europe, the USA, and the Rest of the World. The revenue is derived from the United Kingdom.

K3 Business Technology Group Headlines

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