Beta from comps in different regions/markets
Hi guys, got a question for beta calculation. I had my comps set downloaded from CIQ, and was about to start the unlever - average -relever exercise to calculate the beta for the target company. However, I just realized that my target is an EMA company, while many of my comps are across US/Europe. Even I can make up for the equity risk premium in the emerging market, I am not sure about the exercise now because the comps betas may have been off different equity indexes, in case it matters. Could someone enlighten me on how to calculate the beta when target and comps are in different markets and may be based off different equity indexes?
Thanks very much!
dias
Velit vel velit mollitia unde earum enim maxime. Tempore mollitia quisquam error. Reprehenderit voluptas qui mollitia vitae quidem quod. Et voluptates necessitatibus dolores ut commodi incidunt fugit. Rerum molestiae quis neque.
At est tempora dolorem. Labore ut minima suscipit consequatur ex est. Aliquid nisi qui non est animi qui qui. Tenetur et ipsam laboriosam illo qui possimus eum ratione. Aut tempore illo sequi enim dolorem libero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...