GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (LTS:0H3T) » Definitions » Beta

Deutsche Boerse AG (LTS:0H3T) Beta : 0.44 (As of Dec. 14, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Deutsche Boerse AG Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-14), Deutsche Boerse AG's Beta is 0.44.


Deutsche Boerse AG Beta Historical Data

The historical data trend for Deutsche Boerse AG'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.

Deutsche Boerse AG Beta Chart

Deutsche Boerse AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.69 - - 0.73

Deutsche Boerse AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.83 0.73 - 0.54 0.46

Competitive Comparison of Deutsche Boerse AG's Beta

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG's Beta Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Beta distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Beta falls into.



Deutsche Boerse AG 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.


Deutsche Boerse AG  (LTS:0H3T) 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)


Deutsche Boerse AG Beta Related Terms

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


Deutsche Boerse AG Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Deutsche Boerse AG Headlines

No Headlines