Cosmo Lady (China) Holdings Co (HKSE:02298) Beta : -0.04 (As of Jun. 05, 2024)

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What is Cosmo Lady (China) Holdings Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-05), Cosmo Lady (China) Holdings Co's Beta is -0.04.

Cosmo Lady (China) Holdings Co Beta Historical Data

The historical data trend for Cosmo Lady (China) Holdings 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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Cosmo Lady (China) Holdings Co Beta Chart

Cosmo Lady (China) Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beta

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0.33

0.01

-0.21

0.22

-0.16

Cosmo Lady (China) Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beta	Get a 7-Day Free Trial															-0.21	-0.13	0.22	-0.34	-0.16

Competitive Comparison of Cosmo Lady (China) Holdings Co's Beta

For the Apparel Manufacturing subindustry, Cosmo Lady (China) Holdings 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.

Cosmo Lady (China) Holdings Co's Beta Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cosmo Lady (China) Holdings Co's Beta distribution charts can be found below:

* The bar in red indicates where Cosmo Lady (China) Holdings Co's Beta falls into.

Cosmo Lady (China) Holdings 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.

Cosmo Lady (China) Holdings Co (HKSE:02298) 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)

Cosmo Lady (China) Holdings Co Beta Related Terms

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Cosmo Lady (China) Holdings Co (HKSE:02298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cosmo Lady (China) Holdings Co Ltd (HKSE:02298) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fenggang Tianan Digital City, Building N1, Fenggang Town, Guangdong, Dongguan, CHN

Website

https://www.cosmo-lady.com.hk

Cosmo Lady (China) Holdings Co Ltd primarily manufactures intimate wear apparel such as bras, underpants, sleepwear, loungewear, and thermal clothes. The company targets both the mass market and the high-end market with its brands that include Cosmo, Secret of City Beauty, Freeday, Mayajia, Ordifen, Rubii, and Ilsee. More than half of the company's sales are to franchisees that operate company outlet stores. The remaining sales are direct to consumers through Cosmo's self-managed company outlets and e-commerce sales. Women's apparel accounts for the vast majority of the company's total sales, and all sales are generated in China.

Executives

Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner
Zheng Yaonan	2202 Interest of your spouse
Wu Xiaoli	2101 Beneficial owner
Tmf (cayman) Ltd.	2301 Trustee
Cai Shaoru	2202 Interest of your spouse
Forever Flourish International Holdings Limited	2101 Beneficial owner
Zhang Shengfeng	2201 Interest of corporation controlled by you
Cai Jingqin	2202 Interest of your spouse
Lin Zonghong	2101 Beneficial owner
Xin Feng Asset Holdings Limited	2201 Interest of corporation controlled by you
Forever Shine Holdings Limited	2101 Beneficial owner
Hong Ye Asset Holdings Limited	2201 Interest of corporation controlled by you

Cosmo Lady (China) Holdings Co (HKSE:02298) Headlines

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