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Societe Industrielle et Financiere de l'Artois (XPAR:ARTO) Beta : 0.23 (As of Dec. 13, 2024)


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What is Societe Industrielle et Financiere de l'Artois Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Societe Industrielle et Financiere de l'Artois's Beta is 0.23.


Societe Industrielle et Financiere de l'Artois Beta Historical Data

The historical data trend for Societe Industrielle et Financiere de l'Artois'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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Societe Industrielle et Financiere de l'Artois Beta Chart

Societe Industrielle et Financiere de l'Artois Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.59 0.62 0.54 0.46

Societe Industrielle et Financiere de l'Artois Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.63 0.54 0.64 0.46 0.31

Competitive Comparison of Societe Industrielle et Financiere de l'Artois's Beta

For the Computer Hardware subindustry, Societe Industrielle et Financiere de l'Artois'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.


Societe Industrielle et Financiere de l'Artois's Beta Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Societe Industrielle et Financiere de l'Artois's Beta distribution charts can be found below:

* The bar in red indicates where Societe Industrielle et Financiere de l'Artois's Beta falls into.



Societe Industrielle et Financiere de l'Artois 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.


Societe Industrielle et Financiere de l'Artois  (XPAR:ARTO) 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)


Societe Industrielle et Financiere de l'Artois Beta Related Terms

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Societe Industrielle et Financiere de l'Artois Business Description

Traded in Other Exchanges
Address
31-32, quay of Dion Bouton, Cedex, Puteauxris, FRA, 92811
Societe Industrielle et Financiere de l'Artois SA is a France-based holding company specializing in manufacturing and marketing of terminals and computer peripheral equipment.

Societe Industrielle et Financiere de l'Artois Headlines

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