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Amiable Logistics (India) (NSE:AMIABLE) Beta : N/A (As of Jun. 01, 2024)


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What is Amiable Logistics (India) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-01), Amiable Logistics (India)'s Beta is Not available.


Amiable Logistics (India) Beta Historical Data

The historical data trend for Amiable Logistics (India)'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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Amiable Logistics (India) Beta Chart

Amiable Logistics (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Beta
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Amiable Logistics (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Beta - - - - -

Competitive Comparison of Amiable Logistics (India)'s Beta

For the Integrated Freight & Logistics subindustry, Amiable Logistics (India)'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.


Amiable Logistics (India)'s Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Amiable Logistics (India)'s Beta distribution charts can be found below:

* The bar in red indicates where Amiable Logistics (India)'s Beta falls into.



Amiable Logistics (India) 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.


Amiable Logistics (India)  (NSE:AMIABLE) 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)


Amiable Logistics (India) Beta Related Terms

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Amiable Logistics (India) (NSE:AMIABLE) Business Description

Traded in Other Exchanges
N/A
Address
Neelkanth Business Park, Kirol Village, 322, 3rd Floor, D-Wing, Near Bus Depot Vidhyavihar (West), Mumbai, MH, IND, 400086
Amiable Logistics (India) Ltd is engaged in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker.

Amiable Logistics (India) (NSE:AMIABLE) Headlines

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