Personas Socialorporated (TSXV:PRSN) Beta : -0.31 (As of May. 02, 2024)

Personas Socialorporated Beta Chart

Personas Socialorporated Annual Data
	Trend	May12	May13	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Dec21	Dec22
Beta		Get a 7-Day Free Trial					-10.84	-1.33	-0.79	1.30	1.80

Personas Socialorporated Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Beta	Get a 7-Day Free Trial															2.03	1.96	1.80	1.21	0.53

Competitive Comparison of Personas Socialorporated's Beta

For the Internet Content & Information subindustry, Personas Socialorporated'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.

Personas Socialorporated's Beta Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Personas Socialorporated's Beta distribution charts can be found below:

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

Personas Socialorporated 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.

Personas Socialorporated  (TSXV:PRSN) 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)

Personas Socialorporated Beta Related Terms

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Personas Socialorporated (TSXV:PRSN) Business Description