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Premium Healthcare Group (CAI:PHGC) Beta : N/A (As of Jun. 22, 2025)


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What is Premium Healthcare Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-22), Premium Healthcare Group's Beta is Not available.


Premium Healthcare Group Beta Historical Data

The historical data trend for Premium Healthcare Group'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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Premium Healthcare Group Beta Chart

Premium Healthcare Group Annual Data
Trend
Beta

Premium Healthcare Group Semi-Annual Data
Beta

Competitive Comparison of Premium Healthcare Group's Beta

For the Diagnostics & Research subindustry, Premium Healthcare Group'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.


Premium Healthcare Group's Beta Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Premium Healthcare Group's Beta distribution charts can be found below:

* The bar in red indicates where Premium Healthcare Group's Beta falls into.


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Premium Healthcare Group 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.


Premium Healthcare Group  (CAI:PHGC) 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)


Premium Healthcare Group Beta Related Terms

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Premium Healthcare Group Business Description

Traded in Other Exchanges
N/A
Address
5 El Dakahlia, El Nasr Street, Port Said, EGY
Premium Healthcare Group Formerly City Lab is a company whose main purpose is to establish, operate and manage medical analysis laboratories, and import supplies and equipments, medical analysis laboratories.

Premium Healthcare Group Headlines

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