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Continental Seeds and Chemicals (NSE:CONTI) Beta : 0.48 (As of Jun. 04, 2024)


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What is Continental Seeds and Chemicals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-04), Continental Seeds and Chemicals's Beta is 0.48.


Continental Seeds and Chemicals Beta Historical Data

The historical data trend for Continental Seeds and Chemicals'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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Continental Seeds and Chemicals Beta Chart

Continental Seeds and Chemicals Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.63 -0.44

Continental Seeds and Chemicals Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.63 -0.44

Competitive Comparison of Continental Seeds and Chemicals's Beta

For the Agricultural Inputs subindustry, Continental Seeds and Chemicals'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.


Continental Seeds and Chemicals's Beta Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Continental Seeds and Chemicals's Beta distribution charts can be found below:

* The bar in red indicates where Continental Seeds and Chemicals's Beta falls into.



Continental Seeds and Chemicals 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.


Continental Seeds and Chemicals  (NSE:CONTI) 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)


Continental Seeds and Chemicals Beta Related Terms

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Continental Seeds and Chemicals (NSE:CONTI) Business Description

Traded in Other Exchanges
N/A
Address
Okhla Industrial Area, Pocket A, Okhla Phase I, Fourth Floor, C-67, DDA Sheds, New Delhi, IND, 110020
Continental Seeds and Chemicals Ltd is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The firm is engaged in the whole process of processing in varieties of seeds, foundation seed, and processing of the same into certified seeds.

Continental Seeds and Chemicals (NSE:CONTI) Headlines

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