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Liva Insurance Co (SAU:8280) Beta : N/A (As of May. 28, 2024)


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What is Liva Insurance Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-28), Liva Insurance Co's Beta is Not available.


Liva Insurance Co Beta Historical Data

The historical data trend for Liva Insurance 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.

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Liva Insurance Co Beta Chart

Liva Insurance Co Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Liva Insurance Co 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 Liva Insurance Co's Beta

For the Insurance - Diversified subindustry, Liva Insurance 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.


Liva Insurance Co's Beta Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Liva Insurance Co's Beta distribution charts can be found below:

* The bar in red indicates where Liva Insurance Co's Beta falls into.



Liva Insurance 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.


Liva Insurance Co  (SAU:8280) 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)


Liva Insurance Co Beta Related Terms

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Liva Insurance Co (SAU:8280) Business Description

Traded in Other Exchanges
N/A
Address
8428 King Fahad Road, P.O. Box 6393, Grand Tower, Floor 20, Al Muhammadiyah District, Riyadh, SAU, 11442
Liva Insurance Co formerly, Al Alamiya for Cooperative Insurance Co operates in the insurance industry. The activities of the company are to transact cooperative insurance and reinsurance operations. The company offers products in the segments of Property insurance; Motor insurance; Engineering; Medical products; Marine insurance; Group life insurance and others, of which key revenue is derived from the Motor insurance segment which provides coverage against losses and liability related to motor vehicles, excluding transport insurance.

Liva Insurance Co (SAU:8280) Headlines

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