Future Care For Medical Industries (FCMI) (CAI:FCMD) Beta: N/A (As of Jun. 26, 2026)


What is Future Care For Medical Industries (FCMI) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Future Care For Medical Industries (FCMI)'s Beta is Not available.

Future Care For Medical Industries (FCMI)  (CAI:FCMD) 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)

Future Care For Medical Industries (FCMI) Beta Related Terms

Future Care For Medical Industries (FCMI) Beta Historical Data

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The historical data trend for Future Care For Medical Industries (FCMI)'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.

Future Care For Medical Industries (FCMI) Beta Chart

Future Care For Medical Industries (FCMI) Annual Data
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Future Care For Medical Industries (FCMI) Quarterly Data
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Future Care For Medical Industries (FCMI) 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.

Future Care For Medical Industries (FCMI) Business Description

Address Abou Rawash Industrial Zone Area 21, Giza, EGY, 12577
Future Care For Medical Industries (FCMI), formerly International Co for Medical Industries is engaged in trading, export and marketing of all medical supplies. The company supplies needle pins to the Middle East and Africa region as a sole agent under the brand Mizawa.