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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-23), High Co's Beta is -0.0686.
High Co (XPAR:HCO) 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)
High Co Beta Related Terms
High Co Beta Historical Data
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The historical data trend for High 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.
For the Advertising Agencies subindustry, High 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.
High Co Beta vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, High Co's Beta distribution charts can be found below:
* The bar in red indicates where High Co's Beta falls into.
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.
High Co (XPAR:HCO) has a Beta of -0.0686 as of Jul. 23, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for High Co and its competitors.
Is High Co's Beta too high?
High Co's current Beta is -0.0686. Overall, High Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does High Co's Beta compare to APP and OMC?
High Co's Beta of -0.0686 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Beta depends on the Media - Diversified 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 High Co and its competitors. High Co's current Beta is -0.0686. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Co stock overvalued right now?
Based on GuruFocus' analysis, High Co (XPAR:HCO) is currently considered Fairly Valued. The stock's GF Value™ is €3.77, compared to a current price of €3.65 — trading 3.3% below its estimated fair value. The current Beta is -0.0686. High Co's overall GF Score™ is 76/100 with 8 warning signs to review. 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 High Co (XPAR:HCO), the current Beta is -0.0686 as of Jul. 23, 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.
Is High Co (XPAR:HCO) Overvalued in 2026?
Based on GuruFocus' analysis, High Co stock appears to be undervalued.
The current stock price of €3.65 is trading 3.3% below its estimated GF Value™ of €3.77.
GuruFocus considers High Co to be Fairly Valued.
Key valuation signals for XPAR:HCO:
Beta: -0.0686
GF Value™: €3.77 vs. price of €3.65 (3.3% below fair value)
No single metric tells the full story. See the XPAR:HCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Co is a France based company engaged in offering marketing solutions for various brands and stores worldwide. The company provides drive to store solutions to generate traffic and develop a preference for the brand and store; in-store solutions to boost sales at physical points of sale and online, and data analysis and management solutions to enhance understanding of shoppers and target actions with a focus on R.O.I.
76GF Score
Get the complete analysis for XPAR:HCO
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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