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E-Star Commercial Management Co (HKSE:06668) Beta : 1.64 (As of Jun. 09, 2024)


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What is E-Star Commercial Management Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-09), E-Star Commercial Management Co's Beta is 1.64.


E-Star Commercial Management Co Beta Historical Data

The historical data trend for E-Star Commercial Management 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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E-Star Commercial Management Co Beta Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - - 1.80

E-Star Commercial Management Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 1.80

Competitive Comparison of E-Star Commercial Management Co's Beta

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Beta distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Beta falls into.



E-Star Commercial Management 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.


E-Star Commercial Management Co  (HKSE:06668) 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)


E-Star Commercial Management Co Beta Related Terms

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E-Star Commercial Management Co (HKSE:06668) Business Description

Traded in Other Exchanges
N/A
Address
1 Yabao Road, 32nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial operational service provider in China with business lines including, positioning, construction consultancy and tenant sourcing services including market positioning, business planning consultancy, design and construction consultancy and tenant sourcing services; operational management services including formulating operation strategies, conducting marketing and promotional events, tenant management services, property management services and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers.
Executives
Virtue Investment Development Limited 2101 Beneficial owner
Huang Chu-long
Go Star Investment Holding Limited 2201 Interest of corporation controlled by you
Long Harmony Holding Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Huang De-lin Benny 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you

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