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Daiko Denshi Tsushin (TSE:8023) Beta : 1.09 (As of Mar. 27, 2025)


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What is Daiko Denshi Tsushin Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-27), Daiko Denshi Tsushin's Beta is 1.09.


Daiko Denshi Tsushin Beta Historical Data

The historical data trend for Daiko Denshi Tsushin'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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Daiko Denshi Tsushin Beta Chart

Daiko Denshi Tsushin Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 1.29 1.20 0.40 1.10

Daiko Denshi Tsushin Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.38 0.31 1.22 1.10 1.25

Competitive Comparison of Daiko Denshi Tsushin's Beta

For the Electronics & Computer Distribution subindustry, Daiko Denshi Tsushin'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.


Daiko Denshi Tsushin's Beta Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daiko Denshi Tsushin's Beta distribution charts can be found below:

* The bar in red indicates where Daiko Denshi Tsushin's Beta falls into.


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Daiko Denshi Tsushin 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.


Daiko Denshi Tsushin  (TSE:8023) 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)


Daiko Denshi Tsushin Beta Related Terms

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Daiko Denshi Tsushin Business Description

Traded in Other Exchanges
N/A
Address
2-1 Ageba-cho, Shinjuku-ku, Tokyo, JPN, 162-8565
Daiko Denshi Tsushin Ltd is engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.

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