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Wafa Assurance (CAS:WAA) Beta : N/A (As of Dec. 12, 2024)


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What is Wafa Assurance Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Wafa Assurance's Beta is Not available.


Wafa Assurance Beta Historical Data

The historical data trend for Wafa Assurance'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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Wafa Assurance Beta Chart

Wafa Assurance Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
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Wafa Assurance Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24
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Competitive Comparison of Wafa Assurance's Beta

For the Insurance - Specialty subindustry, Wafa Assurance'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.


Wafa Assurance's Beta Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wafa Assurance's Beta distribution charts can be found below:

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



Wafa Assurance 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.


Wafa Assurance  (CAS:WAA) 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)


Wafa Assurance Beta Related Terms

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Wafa Assurance Business Description

Traded in Other Exchanges
N/A
Address
1 bd Abdelmoumen, Casablanca, MAR, 20100
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.

Wafa Assurance Headlines

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