GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Edelteq Holdings Bhd (XKLS:0278) » Definitions » Beta

Edelteq Holdings Bhd (XKLS:0278) Beta : N/A (As of May. 12, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Edelteq Holdings Bhd Beta?

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


Edelteq Holdings Bhd Beta Historical Data

The historical data trend for Edelteq Holdings Bhd'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.

Edelteq Holdings Bhd Beta Chart

Edelteq Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Beta
- - - - -

Edelteq Holdings Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 Jun23 Sep23 Dec23
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of Edelteq Holdings Bhd's Beta

For the Semiconductors subindustry, Edelteq Holdings 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.


Edelteq Holdings Bhd's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Edelteq Holdings Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Edelteq Holdings Bhd's Beta falls into.



Edelteq Holdings 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.


Edelteq Holdings Bhd  (XKLS:0278) 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)


Edelteq Holdings Bhd Beta Related Terms

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


Edelteq Holdings Bhd (XKLS:0278) Business Description

Traded in Other Exchanges
N/A
Address
Lorong Impian Ria 4, No. 20, 1st Floor, Taman Impian Ria, Bukit Mertajam, PNG, MYS, 14000
Edelteq Holdings Bhd is an investment holding company and through our Subsidiaries, we are principally involved in the provision of engineering support for IC assembly and test processes in the semiconductor industry. The company is a leading semiconductor manufacturing solutions provider. It offers a wide range of products and services for semiconductor packaging, inspection, and testing processes. It operates in four reportable segments: design and assembly of IC burn-in boards and supply of PCBs; supply and refurbishment of IC assembly and test consumables; design, development, and assembly of ATE and factory automation; and trading of operating supplies, spare parts, and tools for IC assembly and testing.

Edelteq Holdings Bhd (XKLS:0278) Headlines

No Headlines