National Steel Industry Co (AMM:NAST) Beta: N/A (As of Jun. 26, 2026)


AMM:NAST National Steel Industry Co AMM:NAST
12 GF Score
Price JOD0.84
! 1 Warning Sign
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What is National Steel Industry Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), National Steel Industry Co's Beta is Not available.

National Steel Industry Co  (AMM:NAST) 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)

National Steel Industry Co Beta Related Terms

National Steel Industry Co Beta Historical Data

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The historical data trend for National Steel Industry 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.

National Steel Industry Co Beta Chart

National Steel Industry Co Annual Data
Trend
Beta

National Steel Industry Co Semi-Annual Data
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AMM:NAST
12GF Score
National Steel Industry Co AMM:NAST
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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National Steel Industry 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.

National Steel Industry Co Business Description

Address Riad Saeed Al-Mufleh Street, Wadi Al-Ash, Zarqa, JOR, 31332
National Steel Industry Co is a Jordon based company engaged in the activities of the manufacture of iron and steel of all kinds and forms; marketing the company's products in the internal and external markets and practicing all types of trade related to steel.
12GF Score

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

JOD0.84
Price