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Micronas Semiconductor Holding AG (Micronas Semiconductor Holding AG) Beta : N/A (As of May. 14, 2024)


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What is Micronas Semiconductor Holding AG Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-14), Micronas Semiconductor Holding AG's Beta is Not available.


Micronas Semiconductor Holding AG Beta Historical Data

The historical data trend for Micronas Semiconductor Holding 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.

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Micronas Semiconductor Holding AG Beta Chart

Micronas Semiconductor Holding AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Beta
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Micronas Semiconductor Holding AG Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16
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Competitive Comparison of Micronas Semiconductor Holding AG's Beta

For the Semiconductors subindustry, Micronas Semiconductor Holding 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.


Micronas Semiconductor Holding AG's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micronas Semiconductor Holding AG's Beta distribution charts can be found below:

* The bar in red indicates where Micronas Semiconductor Holding AG's Beta falls into.



Micronas Semiconductor Holding 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.


Micronas Semiconductor Holding AG  (OTCPK:MSCHY) 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)


Micronas Semiconductor Holding AG Beta Related Terms

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Micronas Semiconductor Holding AG (Micronas Semiconductor Holding AG) Business Description

Traded in Other Exchanges
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Address
Micronas Semiconductor Holding AG manufactures and sells Hall sensors and embedded motor controllers for automotive and industrial electronics. The company operates two reportable divisions: The Automotive division develops, manufactures, and sells sensors and embedded controllers for smart actuators used in the automotive industry. The Industrial division develops, manufactures, and sells sensors and embedded controllers for smart actuators used in the industrial industry. The majority of its revenue is generated from its Automotive segment, primarily in Germany.

Micronas Semiconductor Holding AG (Micronas Semiconductor Holding AG) Headlines

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