Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) Beta: 0.5600 (As of Jun. 26, 2026)


What is Fundo Invest Imobiliario Bm Cenesp FII Beta?

Fundo Invest Imobiliario Bm Cenesp FII BSP:CNES11 -0.71% Beta is 0.5600 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Fundo Invest Imobiliario Bm Cenesp FII's Beta is 0.5600.

Fundo Invest Imobiliario Bm Cenesp FII  (BSP:CNES11) 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)

Fundo Invest Imobiliario Bm Cenesp FII Beta Related Terms

Fundo Invest Imobiliario Bm Cenesp FII Beta Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario Bm Cenesp FII'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.

Fundo Invest Imobiliario Bm Cenesp FII Beta Chart

Fundo Invest Imobiliario Bm Cenesp FII Annual Data
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Fundo Invest Imobiliario Bm Cenesp FII Quarterly Data
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BSP:CNES11 vs PCFO, ORM: Beta Comparison

For the REIT - Office subindustry, Fundo Invest Imobiliario Bm Cenesp FII'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.

Fundo Invest Imobiliario Bm Cenesp FII Beta vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario Bm Cenesp FII's Beta distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario Bm Cenesp FII's Beta falls into.


Fundo Invest Imobiliario Bm Cenesp FII 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.5600 mean?
Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) has a Beta of 0.5600 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Fundo Invest Imobiliario Bm Cenesp FII and its competitors.
Is Fundo Invest Imobiliario Bm Cenesp FII's Beta too high?
Fundo Invest Imobiliario Bm Cenesp FII's current Beta is 0.5600.
How does Fundo Invest Imobiliario Bm Cenesp FII's Beta compare to PCFO and ORM?
Fundo Invest Imobiliario Bm Cenesp FII's Beta of 0.5600 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a REITs company?
A good Beta depends on the REITs industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Fundo Invest Imobiliario Bm Cenesp FII and its competitors. Fundo Invest Imobiliario Bm Cenesp FII's current Beta is 0.5600. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario Bm Cenesp FII stock overvalued right now?
Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) has a current Beta of 0.5600. The current Beta is 0.5600. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11), the current Beta is 0.5600 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fundo Invest Imobiliario Bm Cenesp FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Fundo Invest Imobiliario Bm Cenesp FII is a closed-end fund. The fund's objective is to invest in real estate ventures through the acquisition of the following assets: commercial properties, completed or under construction, or other types of properties where commercial ventures may be developed, rights relating to properties, for the purpose of sale, typical or atypical built-to-suit lease, rental or exploitation of surface rights of commercial units, and may also assign to third parties the rights and credits arising from the sale, lease, rental and surface rights of these units, in addition to other assets listed in the Fund's regulations.