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NSAV (Netvings Link) Beta : 1.61 (As of Sep. 23, 2024)


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What is Netvings Link Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-23), Netvings Link's Beta is 1.61.


Netvings Link Beta Historical Data

The historical data trend for Netvings Link'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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Netvings Link Beta Chart

Netvings Link Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13
Beta
Get a 7-Day Free Trial - - - -3.13 5.04

Netvings Link Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 2.96 3.35 5.42 3.77 2.15

Competitive Comparison of Netvings Link's Beta

For the Capital Markets subindustry, Netvings Link'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.


Netvings Link's Beta Distribution in the Capital Markets Industry

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

* The bar in red indicates where Netvings Link's Beta falls into.



Netvings Link 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.


Netvings Link  (OTCPK:NSAV) 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)


Netvings Link Beta Related Terms

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Netvings Link Business Description

Traded in Other Exchanges
N/A
Address
2374 Route 390, P.O. Box 609, Mountainhome, PA, USA, 18342
Net Savings Link Inc is engaged in the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology. The Company has and will continue to invest in companies in the cryptocurrency, blockchain and digital asset sectors.