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El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Beta : N/A (As of May. 29, 2024)


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What is El Ezz Dekheila Steel - Alexandria Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-29), El Ezz Dekheila Steel - Alexandria's Beta is Not available.


El Ezz Dekheila Steel - Alexandria Beta Historical Data

The historical data trend for El Ezz Dekheila Steel - Alexandria'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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El Ezz Dekheila Steel - Alexandria Beta Chart

El Ezz Dekheila Steel - Alexandria Annual Data
Trend Dec11 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
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El Ezz Dekheila Steel - Alexandria Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of El Ezz Dekheila Steel - Alexandria's Beta

For the Steel subindustry, El Ezz Dekheila Steel - Alexandria'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.


El Ezz Dekheila Steel - Alexandria's Beta Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, El Ezz Dekheila Steel - Alexandria's Beta distribution charts can be found below:

* The bar in red indicates where El Ezz Dekheila Steel - Alexandria's Beta falls into.



El Ezz Dekheila Steel - Alexandria 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.


El Ezz Dekheila Steel - Alexandria  (CAI:IRAX) 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)


El Ezz Dekheila Steel - Alexandria Beta Related Terms

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El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Business Description

Traded in Other Exchanges
N/A
Address
10 Shehab Street, Mohandessin, Cairo, EGY
El Ezz Dekheila Steel - Alexandria is a producer of long and flat steel for use in a wide range of end applications. The company focuses on manufacturing a wide variety of sizes and grades of steel products such as rebar, wire rod, welded wire mesh, hot rolled coil to serve the end applications.

El Ezz Dekheila Steel - Alexandria (CAI:IRAX) Headlines

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