SMX (Security Matters) (SMX (Security Matters)) Beta : N/A (As of May. 11, 2024)

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What is SMX (Security Matters) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-11), SMX (Security Matters)'s Beta is Not available.

SMX (Security Matters) Beta Historical Data

The historical data trend for SMX (Security Matters)'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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SMX (Security Matters) Beta Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Beta

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beta	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of SMX (Security Matters)'s Beta

For the Specialty Business Services subindustry, SMX (Security Matters)'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.

SMX (Security Matters)'s Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMX (Security Matters)'s Beta distribution charts can be found below:

* The bar in red indicates where SMX (Security Matters)'s Beta falls into.

SMX (Security Matters) 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.

SMX (Security Matters) (NAS:SMX) 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)

SMX (Security Matters) Beta Related Terms

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SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.