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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Beta : N/A (As of May. 13, 2024)


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What is Warba Insurance and Reinsurance Co KSCP Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-13), Warba Insurance and Reinsurance Co KSCP's Beta is Not available.


Warba Insurance and Reinsurance Co KSCP Beta Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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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Warba Insurance and Reinsurance Co KSCP Beta Chart

Warba Insurance and Reinsurance Co KSCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Warba Insurance and Reinsurance Co KSCP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Warba Insurance and Reinsurance Co KSCP's Beta

For the Insurance - Diversified subindustry, Warba Insurance and Reinsurance Co KSCP'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.


Warba Insurance and Reinsurance Co KSCP's Beta Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Warba Insurance and Reinsurance Co KSCP's Beta distribution charts can be found below:

* The bar in red indicates where Warba Insurance and Reinsurance Co KSCP's Beta falls into.



Warba Insurance and Reinsurance Co KSCP 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.


Warba Insurance and Reinsurance Co KSCP  (KUW:WINSRE) 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)


Warba Insurance and Reinsurance Co KSCP Beta Related Terms

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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103
Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Headlines

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