Beta
0.71
+0.01+1.43%
06 January 2025
Summary:
Beta for Tencent Music Entertainment stock is 0.71, with the most recent change of +0.01 (+1.43%) on 06 January 2025. According to this value, TME stock is less volatile than S&P 500 indexTME Beta Chart
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TME Beta Performance
| PeriodPeriod | BetaBeta | PricePrice | SPXSPX |
|---|---|---|---|
| todaytoday | +1.4% | -2.8% | +0.6% |
| 1 m1 month | -16.5% | -12.8% | -1.9% |
| 3 m3 months | -30.4% | -19.4% | +3.9% |
| 6 m6 months | -40.3% | -24.9% | +7.3% |
| ytdytd | -2.7% | -4.4% | +1.6% |
| 1 y1 year | -37.2% | +22.7% | +27.2% |
| 5 y5 years | -46.6% | -12.3% | +84.1% |
TME Beta High & Low
| PeriodPeriod | HighHigh | Current vs highvs high | LowLow | Current vs lowvs low | |
|---|---|---|---|---|---|
| 1 m | 1 month | 0.85 | -16.5% | 0.69 | -2.8% |
| 3 m | 3 months | 1.02 | -30.4% | 0.69 | -2.8% |
| 6 m | 6 months | 1.23 | -42.3% | 0.69 | -2.8% |
| 1 y | 1 year | 1.35 | -47.4% | 0.69 | -2.8% |
| 3 y | 3 years | 1.87 | -62.0% | 0.69 | -2.8% |
| 5 y | 5 years | 1.87 | -62.0% | 0.38 | -46.5% |
| alltime | all time | 2.22 | -68.0% | 0.31 | -56.3% |
Tencent Music Entertainment Stock Beta History
| Date | Value |
|---|---|
| 2025 | 0.71(-2.7%) |
| 2024 | 0.73(-37.6%) |
| 2023 | 1.17(-11.4%) |
| 2022 | 1.32(+26.9%) |
| Date | Value |
|---|---|
| 2021 | 1.04(+153.7%) |
| 2020 | 0.41(-69.6%) |
| 2019 | 1.35(+39.2%) |
| 2018 | 0.97 |
FAQ
- What is Tencent Music Entertainment beta?
- What is the all time high beta for Tencent Music Entertainment?
- What is TME beta year-to-date change?
- What is Tencent Music Entertainment beta year-on-year change?
What is Tencent Music Entertainment beta?
The current beta of TME is 0.71
What is the all time high beta for Tencent Music Entertainment?
Tencent Music Entertainment all-time high beta is 2.22
What is TME beta year-to-date change?
Tencent Music Entertainment beta has changed by -0.02 (-2.74%) since the beginning of the year
What is Tencent Music Entertainment beta year-on-year change?
Over the past year, TME beta has changed by -0.42 (-37.17%)