Report Abuse. It's a family business...privately held and not traded. The LEGO Group The name 'LEGO' is an abbreviation of the two Danish words leg godt, meaning play well. Itâs our name and itâs our ideal. The LEGO Group was founded in 1932 by Ole Kirk Christiansen.The Company has passed from father to son and is now owned by Kjeld Kirk Kristiansen, a grandchild of the founder.t's a family business...privately held and not traded. The LEGO Group The name 'LEGO' is an abbreviation of the two Danish words leg godt, meaning play well. Itâs our name and itâs our ideal.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), a model that calculates the expected return of an asset based on its beta and expected market returns.
CAPM, a theoretical representation of the behavior of financial markets, can be employed in estimating a companyâs cost of equity capital. Despite limitations, the model can be a useful addition to the financial managerâs analytical tool kit.