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Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) 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)
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Beta Related Terms
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Beta Historical Data
* 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Beta Chart
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Annual Data
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Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Semi-Annual Data
* 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Beta vs REITs Industry
Devant Recebiveis Imobiliarios Fundo DE 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) has a Beta of 0.4000 as of Aug. 16, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario and its competitors.
Is Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Beta too high?
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's current Beta is 0.4000. Overall, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Beta compare to VICI and WPC?
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's Beta of 0.4000 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 Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario and its competitors. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's current Beta is 0.4000. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$4.89, compared to a current price of R$16.81 — trading 243.8% above its estimated fair value. The current Beta is 0.4000. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's overall GF Score™ is 34/100 with 2 warning signs to review. 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 Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11), the current Beta is 0.4000 as of Aug. 16, 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.
Is Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) Overvalued in 2026?
Based on GuruFocus' analysis, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$16.81 is trading 243.8% above its estimated GF Value™ of R$4.89.
GuruFocus considers Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:DEVA11:
Beta: 0.4000
GF Value™: R$4.89 vs. price of R$16.81 (243.8% above fair value)
No single metric tells the full story. See the BSP:DEVA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario is a Brazil-based company. It Earn income and capital gains from investments in financial assets backed by real estate CRI.
34GF Score
Get the complete analysis for BSP:DEVA11
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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