Graphjet Technology (Graphjet Technology) Beta : N/A (As of May. 21, 2024)

View and export this data going back to 2024. Start your Free Trial

What is Graphjet Technology Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-21), Graphjet Technology's Beta is Not available.

Graphjet Technology Beta Historical Data

The historical data trend for Graphjet Technology'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.

* Premium members only.

Graphjet Technology Beta Chart

Graphjet Technology Annual Data

Trend

Sep21

Beta

Graphjet Technology Semi-Annual Data
	Sep21	Sep22
Beta	-	-

Competitive Comparison of Graphjet Technology's Beta

For the Specialty Chemicals subindustry, Graphjet Technology'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.

Graphjet Technology's Beta Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Graphjet Technology's Beta distribution charts can be found below:

* The bar in red indicates where Graphjet Technology's Beta falls into.

Graphjet Technology 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.

Graphjet Technology (NAS:GTI) 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)

Graphjet Technology Beta Related Terms

Thank you for viewing the detailed overview of Graphjet Technology's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

Graphjet Technology (Graphjet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphjet Technology (NAS:GTI) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit No L4-E-8, Enterprise 4, Technology Park Malaysia Bukit Jalil, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.graphjettech.com

Graphjet Technology Sdn Bhd is a fast-growing organization that aims to be a global leader in generating value by producing the most innovative, green, and low-cost graphene, graphite and graphene-based anode materials. Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite used to produce critical raw materials used in a variety of industries. Its current primary business is to develop its palm-based artificial graphene and graphite manufacturing business with its proprietary patentable technology to utilize palm kernel shells in the process of manufacturing and production of artificial graphene and graphite and related application products.