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Catana Group (XPAR:CATG) Beta : 0.88 (As of Apr. 29, 2024)


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What is Catana Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-29), Catana Group's Beta is 0.88.


Catana Group Beta Historical Data

The historical data trend for Catana Group'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.

Catana Group Beta Chart

Catana Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 1.32 1.72 1.95 1.34

Catana Group Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 1.72 1.70 1.95 1.56 1.34

Competitive Comparison of Catana Group's Beta

For the Recreational Vehicles subindustry, Catana Group'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.


Catana Group's Beta Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Catana Group's Beta distribution charts can be found below:

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



Catana Group 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.


Catana Group  (XPAR:CATG) 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)


Catana Group Beta Related Terms

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Catana Group (XPAR:CATG) Business Description

Traded in Other Exchanges
Address
2 Rue Albert Einstein, BP 3110 Cedex1, La Rochelle, FRA, 17033
Catana Group SA is engaged in designing, construction, and marketing luxury pleasure boats in France and internationally. The company offers luxury catamarans under the Catana and Bali brand names. It also provides refitting, repair, and maintenance services for boats; and hires boats and boat-mooring places, as well as offers security services.