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Datadog (Datadog) Beta : 1.19 (As of Apr. 27, 2024)


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What is Datadog Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-27), Datadog's Beta is 1.19.


Datadog Beta Historical Data

The historical data trend for Datadog'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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Datadog Beta Chart

Datadog Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - 1.02 1.12

Datadog Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.02 0.90 0.49 0.79 1.12

Competitive Comparison of Datadog's Beta

For the Software - Application subindustry, Datadog'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.


Datadog's Beta Distribution in the Software Industry

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

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



Datadog 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.


Datadog  (NAS:DDOG) 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)


Datadog Beta Related Terms

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


Datadog (Datadog) Business Description

Address
620 8th Avenue, 45th Floor, New York, NY, USA, 10018
Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered as software-as-a-service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of different applications throughout their businesses.
Executives
Sean Michael Walters officer: Chief Revenue Officer C/O DATADOG, INC., 620 EIGHTH AVENUE, 45TH FLOOR, NEW YORK NY 10018
Alexis Le-quoc director, officer: President & CTO C/O DATADOG, INC., 620 8TH AVENUE, 45TH FLOOR, NEW YORK NY 10001
Olivier Pomel director, officer: Chief Executive Officer C/O DATADOG, INC., 620 8TH AVENUE, 45TH FLOOR, NEW YORK NY 10001
David M Obstler officer: Chief Financial Officer C/O SCREAMINGMEDIA INC, 601 WEST 26TH STREET 13TH FLOOR, NEW YORK NY 10001
Kerry Acocella officer: General Counsel/Corp Secy C/O DATADOG, INC., 620 EIGHTH STREET, 45TH FLOOR, NEW YORK NY 10018
Adam Blitzer officer: Chief Operating Officer C/O DATADOG, INC., 620 EIGHTH AVENUE, 45TH FLOOR, NEW YORK NY 10018
Amit Agarwal officer: Chief Product Officer 5435 NE DAWSON CREEK DR., HILLSBORO OR 97124
Madre Armelle De officer: Chief People Officer C/O DATADOG, INC., 620 8TH AVENUE, 45TH FLOOR, NEW YORK NY 10018
Dev Ittycheria director C/O MONGO DB, INC., 1633 BROADWAY, 38TH FLOOR, NEW YORK NY 10019
Matthew Jacobson director C/O DATADOG, INC., 45TH FLOOR, NEW YORK NY 10001
Titilope Cole director 388 GREENWICH STREET, NEW YORK NY 10013
Julie Richardson director YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Shardul Shah director C/O DATADOG, INC., 620 8TH AVENUE, 45TH FLOOR, NEW YORK NY 10001
Laszlo Kopits officer: General Counsel C/O DATADOG, INC., 45TH FLOOR, NEW YORK NY 10001
Michael James Callahan director C/O DATADOG, INC., 620 8TH AVENUE, 45TH FLOOR, NEW YORK NY 10001