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Stendorren Fastigheter AB (OSTO:STEF B) Beta : 1.61 (As of Jun. 03, 2024)


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What is Stendorren Fastigheter AB Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-03), Stendorren Fastigheter AB's Beta is 1.61.


Stendorren Fastigheter AB Beta Historical Data

The historical data trend for Stendorren Fastigheter AB'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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Stendorren Fastigheter AB Beta Chart

Stendorren Fastigheter AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Stendorren Fastigheter AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Stendorren Fastigheter AB's Beta

For the Real Estate - Diversified subindustry, Stendorren Fastigheter AB'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.


Stendorren Fastigheter AB's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Stendorren Fastigheter AB's Beta distribution charts can be found below:

* The bar in red indicates where Stendorren Fastigheter AB's Beta falls into.



Stendorren Fastigheter AB 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.


Stendorren Fastigheter AB  (OSTO:STEF B) 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)


Stendorren Fastigheter AB Beta Related Terms

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Stendorren Fastigheter AB (OSTO:STEF B) Business Description

Traded in Other Exchanges
Address
Strandvägen 5a, Stockholm, SWE, 11451
Stendorren Fastigheter AB is a Sweden-based company engaged in the business of real estate. It owns, manages and develops warehouses, logistics, industrial facilities and office space in Greater Stockholm and Malardalen. The company through its tenant provides reasonable and appropriate premises on competitive lease terms. Its properties are located in the areas including Hogdalen, Veddesta, Upplands-Bro Rosersberg, Enkoping, Flen, and Eskilstuna.

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