KDX Realty Investment (TSE:8972) Beta : 0.41 (As of May. 15, 2024)

KDX Realty Investment Beta Chart

KDX Realty Investment Annual Data
	Trend	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22
Beta		Get a 7-Day Free Trial					0.01	0.38	0.86	0.79	0.90

KDX Realty Investment Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Beta	Get a 7-Day Free Trial															0.80	0.79	0.85	0.90	0.63

Competitive Comparison of KDX Realty Investment's Beta

For the REIT - Diversified subindustry, KDX Realty Investment'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.

KDX Realty Investment's Beta Distribution in the REITs Industry

For the REITs industry and Real Estate sector, KDX Realty Investment's Beta distribution charts can be found below:

* The bar in red indicates where KDX Realty Investment's Beta falls into.

KDX Realty Investment 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.

KDX Realty Investment  (TSE:8972) 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)

KDX Realty Investment Beta Related Terms

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KDX Realty Investment (TSE:8972) Business Description