Advertising Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1INND Innerscope Advertising Agency
33.19
(0.07)
 14.82 
(1.06)
2DRCT Direct Digital Holdings
7.44
 0.10 
 113.31 
 11.35 
3NBDR No Borders
3.86
 0.12 
 124.03 
 15.38 
4CREX Creative Realities
3.28
(0.17)
 4.34 
(0.74)
5MMDDF Mirriad Advertising plc
3.19
(0.16)
 6.59 
(1.08)
6CCO Clear Channel Outdoor
3.09
(0.08)
 2.84 
(0.23)
7CTV Innovid Corp
3.09
 0.11 
 11.05 
 1.25 
8ABLV Able View Global
2.87
(0.07)
 5.46 
(0.38)
9ABLVW Able View Global
2.87
 0.14 
 39.62 
 5.46 
10ABTS Abits Group
2.71
 0.02 
 7.44 
 0.14 
11MGNI Magnite
2.43
 0.09 
 3.39 
 0.32 
12FLNT Fluent Inc
2.29
(0.10)
 4.01 
(0.42)
13SWAGW Software Acquisition Group
2.15
 0.11 
 32.21 
 3.42 
14NCMI National CineMedia
2.07
(0.03)
 2.30 
(0.07)
15MCHX Marchex
1.97
 0.02 
 3.79 
 0.08 
16DLPN Dolphin Entertainment
1.96
(0.01)
 4.95 
(0.04)
17TRBO Turbo Global Partners
1.91
 0.00 
 0.00 
 0.00 
18LDWY Lendway
1.85
 0.12 
 5.25 
 0.61 
19CDLX Cardlytics
1.62
 0.07 
 5.24 
 0.38 
20STGW Stagwell
1.61
(0.03)
 2.34 
(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.