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Vittia (BSP:VITT3) Beta : 1.23 (As of Apr. 14, 2025)


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What is Vittia Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-14), Vittia's Beta is 1.23.


Vittia Beta Historical Data

The historical data trend for Vittia'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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Vittia Beta Chart

Vittia Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Beta
- - - - 1.20

Vittia Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 1.13 1.20

Competitive Comparison of Vittia's Beta

For the Agricultural Inputs subindustry, Vittia'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.


Vittia's Beta Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Vittia's Beta distribution charts can be found below:

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


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Vittia 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.


Vittia  (BSP:VITT3) 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)


Vittia Beta Related Terms

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Vittia Business Description

Traded in Other Exchanges
N/A
Address
Avenue Marginal Left, 2,000 Via Anhanguera Km 383, Sao Joaquim da Barra, SP, BRA, 14,600-000
Vittia SA is a Brazilian biotech company (biopesticides and inoculants) that offers special plant nutrition with solutions for several agricultural crops. It engages in the production of high-tech inputs for agriculture and has several products in the Inoculants, Adjuvants, Acaricides, Soil Conditioners, Biological Pesticides (Macro and microorganisms), Foliar Fertilizer lines, Organomineral Fertilizers, Granulated Micronutrients for Soil and Salts for Agriculture and Livestock.

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