GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mirai Semiconductors Co Ltd (XKRX:254490) » Definitions » Beta

Mirai Semiconductors Co (XKRX:254490) Beta : N/A (As of Jun. 04, 2024)


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

What is Mirai Semiconductors Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-04), Mirai Semiconductors Co's Beta is Not available.


Mirai Semiconductors Co Beta Historical Data

The historical data trend for Mirai Semiconductors Co'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.

Mirai Semiconductors Co Beta Chart

Mirai Semiconductors Co Annual Data
Trend Dec20 Dec21 Dec22
Beta
- - -

Mirai Semiconductors Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Mirai Semiconductors Co's Beta

For the Semiconductor Equipment & Materials subindustry, Mirai Semiconductors Co'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.


Mirai Semiconductors Co's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Mirai Semiconductors Co's Beta distribution charts can be found below:

* The bar in red indicates where Mirai Semiconductors Co's Beta falls into.



Mirai Semiconductors Co 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.


Mirai Semiconductors Co  (XKRX:254490) 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)


Mirai Semiconductors Co Beta Related Terms

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


Mirai Semiconductors Co (XKRX:254490) Business Description

Traded in Other Exchanges
N/A
Address
15, Gyeongin-ro 53-gil, 4403, Na-dong, Guro-gu, Seoul, KOR, 08217
Mirai Semiconductors Co Ltd is engaged in the semiconductors and related device business. It offers SD card, MSD card, card, memory card, flash, dram, EMMC, SSD, wafer and other products.

Mirai Semiconductors Co (XKRX:254490) Headlines

No Headlines