Alassas Co for Concrete Industries (AMM:ASAS) Beta: N/A (As of Jul. 01, 2026)


AMM:ASAS Alassas Co for Concrete Industries AMM:ASAS
12 GF Score
Price JOD0.68
! 2 Warning Signs
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What is Alassas Co for Concrete Industries Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), Alassas Co for Concrete Industries's Beta is Not available.

Alassas Co for Concrete Industries  (AMM:ASAS) 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)

Alassas Co for Concrete Industries Beta Related Terms

Alassas Co for Concrete Industries Beta Historical Data

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The historical data trend for Alassas Co for Concrete Industries'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.

Alassas Co for Concrete Industries Beta Chart

Alassas Co for Concrete Industries Annual Data
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Alassas Co for Concrete Industries Semi-Annual Data
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AMM:ASAS
12GF Score
Alassas Co for Concrete Industries AMM:ASAS
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Alassas Co for Concrete Industries 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.

Alassas Co for Concrete Industries Business Description

Address Al-Qastal - Near Bonded Al -Qastal, P.O. Box: 248, Qastal, Amman, JOR, 16010
Alassas Co for Concrete Industries is engaged in the business of manufacturing bricks of various types and sizes, as well as kerbstones and interlocking tiles in different shapes and sizes. The company uses various materials in its activities, including concrete blocks, seedling trays, prefabricated roofing materials (core hollow slabs), and other materials.
12GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JOD0.68
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