Levering Your Beta (Not in Front of The Kids, Honey) difference, describes, companies, different

torontoanalyst

There are two different beta adjustment descriptions for thinly traded companies.

Be it that im nto a mathemetician and I suck at seeing relationships, they may be the same,

Dne describes the betas as asset and equity and the otehr as levered and unlevered


Whats the difference between these


o ΒEquity = Beta Asset/ [E/ D/E]

o ΒAsset = ΒEquity x [E / D/E]


And these

Bunlevered = [1/ (1+D/E)]Be
Be = [1+ (D/E)]Bu




Thanks

Rolo