Proventus Agrocom (NSE:PROV) Beta : N/A (As of May. 20, 2024)

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What is Proventus Agrocom Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-20), Proventus Agrocom's Beta is Not available.

Proventus Agrocom Beta Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Beta Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Beta

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Beta	-	-	-	-

Competitive Comparison of Proventus Agrocom's Beta

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proventus Agrocom's Beta distribution charts can be found below:

* The bar in red indicates where Proventus Agrocom's Beta falls into.

Proventus Agrocom 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.

Proventus Agrocom (NSE:PROV) 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)

Proventus Agrocom Beta Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Beta

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.