Communication Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1UCL Ucloudlink Group
4.11
(0.11)
 6.22 
(0.66)
2BZFDW BuzzFeed
3.75
 0.00 
 12.40 
(0.02)
3OBLG Oblong Inc
3.21
 0.00 
 4.00 
(0.02)
4DATSW DatChat Series A
2.53
 0.13 
 132.36 
 17.24 
5PARA Paramount Global Class
1.62
 0.16 
 1.58 
 0.26 
6SSP E W Scripps
1.55
 0.13 
 9.13 
 1.17 
7WBD Warner Bros Discovery
1.49
 0.03 
 2.62 
 0.07 
8WOW WideOpenWest
1.48
 0.04 
 2.76 
 0.10 
9VEON VEON
1.47
 0.11 
 2.90 
 0.32 
10NXST Nexstar Broadcasting Group
1.46
 0.11 
 2.14 
 0.24 
11GTN Gray Television
1.46
 0.25 
 3.97 
 1.01 
12TV Grupo Televisa SAB
1.46
 0.00 
 2.91 
(0.01)
13ANGHW Anghami Warrants
1.43
(0.03)
 14.54 
(0.37)
14ZD Ziff Davis
1.37
(0.18)
 2.41 
(0.44)
15TSQ Townsquare Media
1.33
(0.13)
 2.15 
(0.29)
16LBRDP Liberty Broadband Corp
1.14
 0.05 
 0.91 
 0.05 
17TDS-PV Telephone and Data
1.13
 0.06 
 1.18 
 0.07 
18TDS-PU Telephone and Data
1.13
 0.07 
 1.35 
 0.10 
19LILAK Liberty Latin America
1.13
 0.09 
 2.48 
 0.21 
20FYBR Frontier Communications Parent
1.05
 0.21 
 0.27 
 0.06 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.