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Fortress Resorts (COL:RHTL.N0000) Beta : N/A (As of May. 12, 2024)


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What is Fortress Resorts Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), Fortress Resorts's Beta is Not available.


Fortress Resorts Beta Historical Data

The historical data trend for Fortress Resorts's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortress Resorts Beta Chart

Fortress Resorts Annual Data
Trend
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Fortress Resorts Quarterly Data
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Competitive Comparison of Fortress Resorts's Beta

For the Resorts & Casinos subindustry, Fortress Resorts's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortress Resorts's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fortress Resorts's Beta distribution charts can be found below:

* The bar in red indicates where Fortress Resorts's Beta falls into.



Fortress Resorts Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Fortress Resorts  (COL:RHTL.N0000) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Fortress Resorts Beta Related Terms

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Fortress Resorts (COL:RHTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No 20, Dharmapala Mawatha, Colombo, LKA, 03
Fortress Resorts PLC operates in the hotel and restaurant divisions. The company offers lodging, food, beverage, and other hospitality involving related services. The company's revenue sources include room revenue, food revenue, spa revenue, laundry income, wedding income, transportation income, and income from other hotel operations.

Fortress Resorts (COL:RHTL.N0000) Headlines

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