GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) » Definitions » Beta

Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) Beta : 0.46 (As of Jun. 18, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Fundo Investimento Imobiliario Green Towers Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-18), Fundo Investimento Imobiliario Green Towers's Beta is 0.46.


Fundo Investimento Imobiliario Green Towers Beta Historical Data

The historical data trend for Fundo Investimento Imobiliario Green Towers'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.

Fundo Investimento Imobiliario Green Towers Beta Chart

Fundo Investimento Imobiliario Green Towers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - 0.33 0.45

Fundo Investimento Imobiliario Green Towers Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta Get a 7-Day Free Trial - - - 0.33 0.45

Competitive Comparison of Fundo Investimento Imobiliario Green Towers's Beta

For the REIT - Office subindustry, Fundo Investimento Imobiliario Green Towers'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 Investimento Imobiliario Green Towers's Beta Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Green Towers's Beta distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Green Towers's Beta falls into.



Fundo Investimento Imobiliario Green Towers 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.


Fundo Investimento Imobiliario Green Towers  (BSP:GTWR11) 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 Investimento Imobiliario Green Towers Beta Related Terms

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


Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida das Nações Unidas, 14171, tower A - 11th Floor- Vila Gertrudes, São Paulo, SP, BRA, 04794-000
Website
Fundo Investimento Imobiliario Green Towers is a brick-type real estate fund. Its investments are directed at commercial properties in the office segment. The objective of the fund is to provide the quoters with income monthly by means of the location of the corporate offices of Green Towers enterprise.

Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) Headlines

No Headlines