Riyal Investment And Development Co (SAU:9584) Beta : N/A (As of Jun. 07, 2024)

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What is Riyal Investment And Development Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-07), Riyal Investment And Development Co's Beta is Not available.

Riyal Investment And Development Co Beta Historical Data

The historical data trend for Riyal Investment And Development Co'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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Riyal Investment And Development Co Beta Chart

Riyal Investment And Development Co Annual Data

Trend

Dec22

Dec23

Beta

Riyal Investment And Development Co Quarterly Data
	Dec22	Dec23
Beta	-	-

Competitive Comparison of Riyal Investment And Development Co's Beta

For the Rental & Leasing Services subindustry, Riyal Investment And Development Co'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.

Riyal Investment And Development Co's Beta Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riyal Investment And Development Co's Beta distribution charts can be found below:

* The bar in red indicates where Riyal Investment And Development Co's Beta falls into.

Riyal Investment And Development Co 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.

Riyal Investment And Development Co (SAU:9584) 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)

Riyal Investment And Development Co Beta Related Terms

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Riyal Investment And Development Co (SAU:9584) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Riyal Investment And Development Co (SAU:9584) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jubail Highway, P.O. Box 9494, Dammam, SAU, 31451

Website

https://www.riyalmotors.com

Riyal Investment And Development Co is engaged in leasing of vehicles and buses, trading activities (export, import, brokerage, and marketing for others) in non-money exchange business, establish and operate workshops for vehicles, equipment, wholesale and retail sales and export and import in vehicles spare parts and wheels. The Company also provides services such as Lease Service, Rental Service, Vehicles with Drivers, Workshop, Mobile Van Services, Petromin Services, Fuchs One Stop Solution, and Specialized Services. It serves in sectors such as Oil and Gas, Energy, Petrochemicals, EPC, Logistics, Information Technology, and others. It has two segments; Lease of Vehicles and Sale of Vehicles. The company derives maximum revenue from Sale of Vehicles Segment.

Riyal Investment And Development Co (SAU:9584) Headlines

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