Mega View Digital Entertainment (TSXV:MVD.H) Beta: 0.3080 (As of Jul. 25, 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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What is Mega View Digital Entertainment Beta?

Mega View Digital Entertainment TSXV:MVD.H Beta is 0.3080 as of Jul. 25, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-25), Mega View Digital Entertainment's Beta is 0.3080.

Mega View Digital Entertainment  (TSXV:MVD.H) 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)

Mega View Digital Entertainment Beta Related Terms

Mega View Digital Entertainment Beta Historical Data

* Premium members only.

The historical data trend for Mega View Digital Entertainment'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.

Mega View Digital Entertainment Beta Chart

Mega View Digital Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.12 -0.11 -0.13 0.28

Mega View Digital Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.12 0.19 0.23 0.28 0.24

TSXV:MVD.H vs AACT, CCCX, GTEN: Beta Comparison

For the Shell Companies subindustry, Mega View Digital Entertainment'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.

Mega View Digital Entertainment Beta vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Mega View Digital Entertainment's Beta distribution charts can be found below:

* The bar in red indicates where Mega View Digital Entertainment's Beta falls into.


Mega View Digital Entertainment 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.3080 mean?
Mega View Digital Entertainment (TSXV:MVD.H) has a Beta of 0.3080 as of Jul. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Mega View Digital Entertainment and its competitors.
Is Mega View Digital Entertainment's Beta too high?
Mega View Digital Entertainment's current Beta is 0.3080.
How does Mega View Digital Entertainment's Beta compare to AACT and CCCX?
Mega View Digital Entertainment's Beta of 0.3080 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Diversified Financial Services company?
A good Beta depends on the Diversified Financial Services industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Mega View Digital Entertainment and its competitors. Mega View Digital Entertainment's current Beta is 0.3080. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega View Digital Entertainment stock overvalued right now?
Mega View Digital Entertainment (TSXV:MVD.H) has a current Beta of 0.3080. The current Beta is 0.3080. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Mega View Digital Entertainment (TSXV:MVD.H), the current Beta is 0.3080 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mega View Digital Entertainment Business Description

Address 50 Melham Court, Toronto, ON, CAN, M1B 2E5
Mega View Digital Entertainment Corp is a shell company and does not have any operation. The company is looking for a business to acquire.