SRMX (Saddle Ranch Media) Beta: 2.2086 (As of Jun. 27, 2026)

Saddle Ranch Media  (OTCPK:SRMX) 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)

Saddle Ranch Media Beta Related Terms

The historical data trend for Saddle Ranch Media'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.

Saddle Ranch Media Beta Chart

Saddle Ranch Media Annual Data
	Trend	Dec97	Dec98	Dec99	Dec00	Dec01	Dec06	Dec07	Dec12	Dec13	Dec14
Beta		Get a 7-Day Free Trial					-1.93	0.88	0.00	1.51	4.57

Saddle Ranch Media Quarterly Data
	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec12	Sep13	Dec13	Jun14	Sep14	Dec14
Beta	Get a 7-Day Free Trial															18.00	1.51	1.49	1.15	4.57

SRMX vs INMG, VNUE, FLCR: Beta Comparison

For the Scientific & Technical Instruments subindustry, Saddle Ranch Media'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.

Saddle Ranch Media Beta vs Hardware Industry

For the Hardware industry and Technology sector, Saddle Ranch Media's Beta distribution charts can be found below:

* The bar in red indicates where Saddle Ranch Media's Beta falls into.

Saddle Ranch Media 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.

Saddle Ranch Media Business Description