Lambo Group Bhd (XKLS:0018) Beta : 3.09 (As of May. 24, 2024)

Lambo Group Bhd Beta Chart

Lambo Group Bhd Annual Data
	Trend	Jun11	Jun12	Jun13	Jun14	Jun15	Dec16	Dec17	Dec18	May21	Sep23
Beta		Get a 7-Day Free Trial					2.57	1.16	-0.05	5.59	2.59

Lambo Group Bhd Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Aug22	Dec22	Mar23	Jun23	Sep23	Dec23
Beta	Get a 7-Day Free Trial															5.01	4.87	4.26	2.59	2.99

Competitive Comparison of Lambo Group Bhd's Beta

For the Internet Retail subindustry, Lambo Group Bhd'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.

Lambo Group Bhd's Beta Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lambo Group Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Lambo Group Bhd's Beta falls into.

Lambo Group Bhd 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.

Lambo Group Bhd  (XKLS:0018) 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)

Lambo Group Bhd Beta Related Terms

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Lambo Group Bhd (XKLS:0018) Business Description