GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Unipar Carbocloro SA (BSP:UNIP3) » Definitions » Beta

Unipar Carbocloro (BSP:UNIP3) Beta : 0.52 (As of Dec. 13, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Unipar Carbocloro Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Unipar Carbocloro's Beta is 0.52.


Unipar Carbocloro Beta Historical Data

The historical data trend for Unipar Carbocloro'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.

Unipar Carbocloro Beta Chart

Unipar Carbocloro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 0.29 0.49 0.51 0.74

Unipar Carbocloro Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.93 0.74 0.82 0.68 0.57

Competitive Comparison of Unipar Carbocloro's Beta

For the Chemicals subindustry, Unipar Carbocloro'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.


Unipar Carbocloro's Beta Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unipar Carbocloro's Beta distribution charts can be found below:

* The bar in red indicates where Unipar Carbocloro's Beta falls into.



Unipar Carbocloro 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.


Unipar Carbocloro  (BSP:UNIP3) 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)


Unipar Carbocloro Beta Related Terms

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


Unipar Carbocloro Business Description

Traded in Other Exchanges
Address
Rua Joaquim Floriano, 960, 15th floor, São Paulo, BRA, 20016900
Unipar Carbocloro SA is a Brazilian company which is engaged in producing and PVC (Poly Vinyl Chloride) resins and chemicals, such as caustic soda, liquid and prills, and sodium hypochlorite. It offers chlorine, soda, hydrochloric acid, sodium hypochlorite, and dichloroethane for the use in water treatment.

Unipar Carbocloro Headlines

No Headlines