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Binh Duong Building Materialsnstruction (HSTC:MVC) Beta : N/A (As of May. 25, 2024)


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What is Binh Duong Building Materialsnstruction Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-25), Binh Duong Building Materialsnstruction's Beta is Not available.


Binh Duong Building Materialsnstruction Beta Historical Data

The historical data trend for Binh Duong Building Materialsnstruction'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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Binh Duong Building Materialsnstruction Beta Chart

Binh Duong Building Materialsnstruction Annual Data
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Binh Duong Building Materialsnstruction Semi-Annual Data
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Competitive Comparison of Binh Duong Building Materialsnstruction's Beta

For the Building Materials subindustry, Binh Duong Building Materialsnstruction'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.


Binh Duong Building Materialsnstruction's Beta Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Binh Duong Building Materialsnstruction's Beta distribution charts can be found below:

* The bar in red indicates where Binh Duong Building Materialsnstruction's Beta falls into.



Binh Duong Building Materialsnstruction 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.


Binh Duong Building Materialsnstruction  (HSTC:MVC) 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)


Binh Duong Building Materialsnstruction Beta Related Terms

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Binh Duong Building Materialsnstruction (HSTC:MVC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 306, Road DT 743, Binh Thang Ward, KP. Trung Thang, Binh Duong Province, Di An, VNM
Binh Duong Building Materials & Construction Corp is engaged in the exploitation and production of bricks and tiles.