Redox (ASX:RDX) Beta : N/A (As of Mar. 24, 2025)

View and export this data going back to 2023. Start your Free Trial

What is Redox Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-24), Redox's Beta is Not available.

Redox Beta Historical Data

The historical data trend for Redox'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.

* Premium members only.

Redox Beta Chart

Redox Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Beta

Redox Semi-Annual Data
	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Beta	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Redox's Beta

For the Chemicals subindustry, Redox'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.

Redox's Beta Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Redox's Beta distribution charts can be found below:

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

Redox 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.

Redox (ASX:RDX) 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)

Redox Beta Related Terms

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

Redox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Redox Ltd (ASX:RDX) » Definitions » Beta

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Swettenham Road, Minto, Sydney, NSW, AUS, 2566

Website

https://www.redox.com

Redox is a distributor of chemicals for a diverse range of industries within Australia and New Zealand, North America, and Southeast Asia. It is the largest player in the Australian market, with approximately 5% market share in a very fragmented market. In Southeast Asia and the US it is a smaller player, but with growth ambitions. Redox sources over 5,000 stock keeping units from over 1,000 domestic and global chemical producers. Its customers are from a diverse range of almost 200 industry sub-sectors. About half of annual sales are in the categories of human and animal health and nutrition, and crop production and protection. Other categories include industrial, surface coatings, plastics, rubber and foam, household and personal care, water care, and mining and explosives.

Redox Headlines

No Headlines