SecuLetter Co (XKRX:418250) Beta : N/A (As of Jun. 24, 2024)

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What is SecuLetter Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-24), SecuLetter Co's Beta is Not available.

SecuLetter Co Beta Historical Data

The historical data trend for SecuLetter Co'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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SecuLetter Co Beta Chart

SecuLetter Co Annual Data

Trend

Dec20

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Dec23

Beta

SecuLetter Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
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Competitive Comparison of SecuLetter Co's Beta

For the Software - Infrastructure subindustry, SecuLetter Co'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.

SecuLetter Co's Beta Distribution in the Software Industry

For the Software industry and Technology sector, SecuLetter Co's Beta distribution charts can be found below:

* The bar in red indicates where SecuLetter Co's Beta falls into.

SecuLetter Co 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.

SecuLetter Co (XKRX:418250) 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)

SecuLetter Co Beta Related Terms

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SecuLetter Co (XKRX:418250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SecuLetter Co Ltd (XKRX:418250) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

14th Floor, 422-1, Geumto-dong, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR

Website

https://www.global.seculetter.com

SecuLetter Co Ltd is a company providing solutions against cyber threats, attacks, malware and phishing. The company specializes in analyzing/detecting unknown malware, diagnose/analyze security vulnerabilities of non-executable files at the assembly level which is the smallest unit of files so it has a high rate of security threat and vulnerability/exploit detection. diagnosis speed is fast, and accurate data is provided. The main business areas are e-mail security business, data transmission file security business between networks, web service file security business, document centralization file security business, cloud support security business, security threat intelligence business.

SecuLetter Co (XKRX:418250) Headlines

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