GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Big Tree Group Inc (GREY:BIGG) » Definitions » Beta

BIGG (Big Tree Group) Beta : 3.74 (As of Sep. 24, 2024)


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

What is Big Tree Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-24), Big Tree Group's Beta is 3.74.


Big Tree Group Beta Historical Data

The historical data trend for Big Tree Group'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.

Big Tree Group Beta Chart

Big Tree Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.11 -1.43 -3.57 1.16 94.62

Big Tree Group Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.40 89.30 94.62 92.13 92.50

Competitive Comparison of Big Tree Group's Beta

For the Leisure subindustry, Big Tree Group'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.


Big Tree Group's Beta Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Big Tree Group's Beta distribution charts can be found below:

* The bar in red indicates where Big Tree Group's Beta falls into.



Big Tree Group 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.


Big Tree Group  (GREY:BIGG) 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)


Big Tree Group Beta Related Terms

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


Big Tree Group Business Description

Traded in Other Exchanges
N/A
Address
Pengnan Industrial Park, North Yingbinbei Road, South Part 1-101, Nanshe Area, Waisha Town, Longhu District, Shantou, Guangdong, CHN, 515023
Big Tree Group Inc through its subsidiaries is involved in the business of toys sourcing, distribution and contractual manufacturing targeting domestic and international distributors and customers in the toys industry. The firm sources the toys such as infant appliances, stuffed toys, transformers, racing track sets, play sets, water toys and educational toys. The company's main business focus is to function as a one-stop shop for the souring, distribution and specialty manufacturing of toys and related products.

Big Tree Group Headlines