AGX Group Bhd (XKLS:0299) Beta : N/A (As of May. 20, 2024)

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What is AGX Group Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-20), AGX Group Bhd's Beta is Not available.

AGX Group Bhd Beta Historical Data

The historical data trend for AGX Group Bhd'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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AGX Group Bhd Beta Chart

AGX Group Bhd Annual Data

Trend

Dec20

Dec21

Dec22

Beta

AGX Group Bhd Semi-Annual Data
	Dec20	Dec21	Dec22
Beta	-	-	-

Competitive Comparison of AGX Group Bhd's Beta

For the Integrated Freight & Logistics subindustry, AGX Group Bhd'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.

AGX Group Bhd's Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AGX Group Bhd's Beta distribution charts can be found below:

* The bar in red indicates where AGX Group Bhd's Beta falls into.

AGX Group Bhd 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.

AGX Group Bhd (XKLS:0299) 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)

AGX Group Bhd Beta Related Terms

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AGX Group Bhd (XKLS:0299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AGX Group Bhd (XKLS:0299) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610

Website

https://www.agxlogistics.com

AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

AGX Group Bhd (XKLS:0299) Headlines

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