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Mama`s Creations (Mama`s Creations) Beta : 0.48 (As of May. 15, 2024)


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What is Mama`s Creations Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-15), Mama`s Creations's Beta is 0.48.


Mama`s Creations Beta Historical Data

The historical data trend for Mama`s Creations'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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Mama`s Creations Beta Chart

Mama`s Creations Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.39 1.58 0.89 0.57

Mama`s Creations Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.89 0.26 0.45 0.31 0.57

Competitive Comparison of Mama`s Creations's Beta

For the Packaged Foods subindustry, Mama`s Creations'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.


Mama`s Creations's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mama`s Creations's Beta distribution charts can be found below:

* The bar in red indicates where Mama`s Creations's Beta falls into.



Mama`s Creations 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.


Mama`s Creations  (NAS:MAMA) 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)


Mama`s Creations Beta Related Terms

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Mama`s Creations (Mama`s Creations) Business Description

Traded in Other Exchanges
N/A
Address
25 Branca Road, East Rutherford, NJ, USA, 07073
Mama`s Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in over 8,400 grocery, mass, club, and convenience stores nationally. The Company's broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers.
Executives
Matthew Brown director, 10 percent owner, officer: President 454 TILLOU ROAD, SOUTH ORANGE NJ 07079
Shirley Romig director TWO LANDMARK SQUARE, SUITE 300, STAMFORD CT 06901
Meghan Henson director RADNOR CORPORATE CENTER, BUILDING ONE, SUITE 200, 100 MATSONFORD ROAD, RADNOR PA 19087
Adam Laurance Michaels director, officer: Chief Executive Officer 34 HASTINGS DRIVE, TENAFLY NJ 07670
Anthony Gruber officer: Chief Financial Officer 25 BRANCA ROAD, EAST RUTHERFORD NJ 07073
Haley Patrick Connor director 640 TAYLOR STREET, SUITE 2522, FORT WORTH TX 76102
David Mcguire director 10599 WILSHIRE BLVD. SUITE 307, LOS ANGELES CA 90024
Dean Janeway director, officer: Vice-President 164 SUNSET LANE, MANTOLOKING NJ 08738
Carl T Wolf director, 10 percent owner, officer: Chief Executive Officer 627 INWOOD LANE, SOUTH ORANGE NJ 07079
Steven R. Burns director 635 PROSPECT STREET, MAPLEWOOD NJ 07040
Daniel Joseph Altobello director 6550 ROCK SPRING DR, SUITE 550, BETHESDA MD 20817
Thomas G. Toto director 34 BOURBON STREET, WAYNE NJ 07079
Lewis H Ochs officer: Vice-President of Finance 5102 CHESTERWOOD WAY, SOMERSET NJ 08873
Alfred D'agostino director 133 CUMBERLAND COURT, PARAMUS NJ 07652