GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » Beta

Sai Silks (Kalamandir) (BOM:543989) Beta : N/A (As of May. 14, 2024)


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

What is Sai Silks (Kalamandir) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-14), Sai Silks (Kalamandir)'s Beta is Not available.


Sai Silks (Kalamandir) Beta Historical Data

The historical data trend for Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir) Beta Chart

Sai Silks (Kalamandir) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Beta
- - - -

Sai Silks (Kalamandir) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of Sai Silks (Kalamandir)'s Beta

For the Apparel Retail subindustry, Sai Silks (Kalamandir)'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.


Sai Silks (Kalamandir)'s Beta Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Beta distribution charts can be found below:

* The bar in red indicates where Sai Silks (Kalamandir)'s Beta falls into.



Sai Silks (Kalamandir) 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.


Sai Silks (Kalamandir)  (BOM:543989) 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)


Sai Silks (Kalamandir) Beta Related Terms

Thank you for viewing the detailed overview of Sai Silks (Kalamandir)'s Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Sai Silks (Kalamandir) (BOM:543989) Business Description

Traded in Other Exchanges
Address
6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016
Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

Sai Silks (Kalamandir) (BOM:543989) Headlines

No Headlines