SG Group Holdings (HKSE:01657) Beta : 0.20 (As of May. 15, 2024)

SG Group Holdings Beta Chart

SG Group Holdings Annual Data
	Trend	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Beta		Get a 7-Day Free Trial				-	0.52	0.03	0.38	-0.37

SG Group Holdings Semi-Annual Data
	Apr15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Beta	Get a 7-Day Free Trial												0.24	0.38	0.57	-0.37	-0.25

Competitive Comparison of SG Group Holdings's Beta

For the Apparel Retail subindustry, SG Group Holdings'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.

SG Group Holdings's Beta Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SG Group Holdings's Beta distribution charts can be found below:

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

SG Group Holdings 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.

SG Group Holdings  (HKSE:01657) 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)

SG Group Holdings Beta Related Terms

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SG Group Holdings (HKSE:01657) Business Description