China Agri-Products Exchange (HKSE:00149) Beta : N/A (As of May. 31, 2024)

China Agri-Products Exchange Beta Chart

China Agri-Products Exchange Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Mar21	Mar22	Mar23
Beta		Get a 7-Day Free Trial					-0.35	-0.08	1.23	0.53	0.28

China Agri-Products Exchange Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Beta	Get a 7-Day Free Trial															1.09	0.53	0.63	0.28	0.18

Competitive Comparison of China Agri-Products Exchange's Beta

For the Real Estate - Diversified subindustry, China Agri-Products Exchange'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.

China Agri-Products Exchange's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Beta distribution charts can be found below:

* The bar in red indicates where China Agri-Products Exchange's Beta falls into.

China Agri-Products Exchange 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.

China Agri-Products Exchange  (HKSE:00149) 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)

China Agri-Products Exchange Beta Related Terms

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China Agri-Products Exchange (HKSE:00149) Business Description