GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (MIL:RFLTC) » Definitions » Beta

RedFish LongTerm Capital SpA (MIL:RFLTC) Beta : N/A (As of Jun. 05, 2024)


View and export this data going back to 2023. Start your Free Trial

What is RedFish LongTerm Capital SpA Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-05), RedFish LongTerm Capital SpA's Beta is Not available.


RedFish LongTerm Capital SpA Beta Historical Data

The historical data trend for RedFish LongTerm Capital SpA'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.

* Premium members only.

RedFish LongTerm Capital SpA Beta Chart

RedFish LongTerm Capital SpA Annual Data
Trend Dec21 Dec22 Dec23
Beta
- - -

RedFish LongTerm Capital SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Beta - - - - -

Competitive Comparison of RedFish LongTerm Capital SpA's Beta

For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.


RedFish LongTerm Capital SpA's Beta Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Beta distribution charts can be found below:

* The bar in red indicates where RedFish LongTerm Capital SpA's Beta falls into.



RedFish LongTerm Capital SpA 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.


RedFish LongTerm Capital SpA  (MIL:RFLTC) 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)


RedFish LongTerm Capital SpA Beta Related Terms

Thank you for viewing the detailed overview of RedFish LongTerm Capital SpA's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


RedFish LongTerm Capital SpA (MIL:RFLTC) Business Description

Traded in Other Exchanges
N/A
Address
Via del Carmine, 11, Milano, ITA, 20121
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

RedFish LongTerm Capital SpA (MIL:RFLTC) Headlines

No Headlines