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

 

Voluptates et molestias nemo aspernatur. Quia enim dolores voluptatem consequatur veritatis ut. Velit est culpa ut dolor molestiae. Voluptas cumque qui at ad voluptatem.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”