GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alandalus Property Co (SAU:4320) » Definitions » Beta

Alandalus Property Co (SAU:4320) Beta : N/A (As of May. 27, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Alandalus Property Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-27), Alandalus Property Co's Beta is Not available.


Alandalus Property Co Beta Historical Data

The historical data trend for Alandalus Property 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.

* Premium members only.

Alandalus Property Co Beta Chart

Alandalus Property Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only - - - - -

Alandalus Property Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Alandalus Property Co's Beta

For the Real Estate Services subindustry, Alandalus Property 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.


Alandalus Property Co's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alandalus Property Co's Beta distribution charts can be found below:

* The bar in red indicates where Alandalus Property Co's Beta falls into.



Alandalus Property 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.


Alandalus Property Co  (SAU:4320) 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)


Alandalus Property Co Beta Related Terms

Thank you for viewing the detailed overview of Alandalus Property Co's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Alandalus Property Co (SAU:4320) Business Description

Traded in Other Exchanges
N/A
Address
Northern Ring Branch Road, Al-Andalus Property Company Building, P.O. Box 260020, Al Wadi District, Riyadh, SAU, 11342
Alandalus Property Co is a real estate development company based in Saudi Arabia. Its activities include construction, ownership, and management of centres, commercial and residential complexes, contracting of residential, commercial buildings, educational, recreational, health institutions, roads, dams, water and sewage projects, electrical and mechanical works. The company operates in three sectors. The Retail sector, which is the key revenue generator, includes leasing rental units of investment properties such as malls; the Hospitality sector includes hospitality service providing entities; and the office sector. Its projects include Al Andalus Mall, Hayat Mall, Dareen Mall, Sahafa Center, Tilal Center, and Yarmouk Center among others under development and Office Sector.

Alandalus Property Co (SAU:4320) Headlines

No Headlines