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Cho Thavee Dollasien (Cho Thavee Dollasien) Beta : N/A (As of May. 21, 2024)


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What is Cho Thavee Dollasien Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-21), Cho Thavee Dollasien's Beta is Not available.


Cho Thavee Dollasien Beta Historical Data

The historical data trend for Cho Thavee Dollasien'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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Cho Thavee Dollasien Beta Chart

Cho Thavee Dollasien Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Cho Thavee Dollasien Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cho Thavee Dollasien's Beta

For the Farm & Heavy Construction Machinery subindustry, Cho Thavee Dollasien'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.


Cho Thavee Dollasien's Beta Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee Dollasien's Beta distribution charts can be found below:

* The bar in red indicates where Cho Thavee Dollasien's Beta falls into.



Cho Thavee Dollasien 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.


Cho Thavee Dollasien  (OTCPK:CHOTF) 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)


Cho Thavee Dollasien Beta Related Terms

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Cho Thavee Dollasien (Cho Thavee Dollasien) Business Description

Traded in Other Exchanges
Address
265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.

Cho Thavee Dollasien (Cho Thavee Dollasien) Headlines

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