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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Beta

: 0.34 (As of Today)
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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2023-01-30), Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Beta is 0.34.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Beta Historical Data

The historical data trend for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario'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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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Annual Data
Trend
Beta

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Semi-Annual Data
Beta

Competitive Comparison

For the Real Estate Services subindustry, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario'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.

   

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Beta Distribution

For the Real Estate industry and Real Estate sector, Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Beta distribution charts can be found below:

* The bar in red indicates where Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Beta falls in comparison to its industry or sector. The grey bar indicates the Beta's extreme value range as defined by GuruFocus.



Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario  (BSP:ALZR11) 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)


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Beta Related Terms

Thank you for viewing the detailed overview of Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Business Description

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Joaquim Floriano, 820, 5th Floor, Suite 54, Sau Paulo, SP, BRA, 04534-003
Alianza Gestao De Recursos Ltda is a real estate investment company in Brazil. The company focuses on structured projects, such as Built-To-Suit and Sale and Leaseback. It offers property development for lease in the logistics, residential and office segments. The company is also engaged in an asset management business of premium real estate investments, such as FIIs, private equity real estate vehicles, CMBS and RMBS.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Headlines

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