Communication Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1OBLG Oblong Inc
4.17
 0.07 
 11.31 
 0.78 
2UCL Ucloudlink Group
4.11
 0.16 
 5.62 
 0.90 
3BZFDW BuzzFeed
3.56
 0.05 
 14.58 
 0.74 
4DATSW DatChat Series A
2.0
 0.07 
 18.92 
 1.32 
5TV Grupo Televisa SAB
1.65
 0.19 
 2.96 
 0.57 
6ZD Ziff Davis
1.56
(0.11)
 3.55 
(0.40)
7EVC Entravision Communications
1.52
 0.02 
 3.54 
 0.08 
8WBD Warner Bros Discovery
1.52
 0.02 
 4.68 
 0.08 
9VEON VEON
1.5
(0.03)
 4.21 
(0.13)
10ANGHW Anghami Warrants
1.33
 0.02 
 13.96 
 0.29 
11WOW WideOpenWest
1.28
(0.09)
 2.71 
(0.23)
12PARA Paramount Global Class
1.21
 0.03 
 1.65 
 0.05 
13GTN Gray Television
1.18
(0.05)
 4.78 
(0.22)
14LBRDP Liberty Broadband Corp
1.14
 0.02 
 0.80 
 0.02 
15TDS-PV Telephone and Data
1.13
 0.02 
 1.72 
 0.04 
16TDS-PU Telephone and Data
1.13
(0.03)
 1.51 
(0.04)
17TSQ Townsquare Media
1.11
(0.06)
 2.33 
(0.13)
18NXST Nexstar Broadcasting Group
1.03
(0.02)
 2.56 
(0.04)
19SSP E W Scripps
1.02
 0.00 
 7.07 
(0.01)
20FYBR Frontier Communications Parent
0.98
 0.06 
 0.27 
 0.02 
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.