WG Wearne (JSE:WEA) Beta : N/A (As of May. 21, 2024)

WG Wearne Beta Chart

WG Wearne Annual Data
	Trend	Feb08	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17
Beta		Get a 7-Day Free Trial					1.67	3.10	3.25	3.04	1.93

WG Wearne Semi-Annual Data
	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Beta	Get a 7-Day Free Trial															2.99	3.04	2.57	1.93	1.09

Competitive Comparison of WG Wearne's Beta

For the Building Materials subindustry, WG Wearne'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.

WG Wearne's Beta Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WG Wearne's Beta distribution charts can be found below:

* The bar in red indicates where WG Wearne's Beta falls into.

WG Wearne 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.

WG Wearne  (JSE:WEA) 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)

WG Wearne Beta Related Terms

Thank you for viewing the detailed overview of WG Wearne's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.

WG Wearne (JSE:WEA) Business Description