GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Singer Sri Lanka PLC (COL:SINS.N0000) » Definitions » Beta

Singer Sri Lanka (COL:SINS.N0000) Beta : N/A (As of Apr. 19, 2025)


View and export this data going back to 1981. Start your Free Trial

What is Singer Sri Lanka Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-19), Singer Sri Lanka's Beta is Not available.


Singer Sri Lanka Beta Historical Data

The historical data trend for Singer Sri Lanka'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.

* Premium members only.

Singer Sri Lanka Beta Chart

Singer Sri Lanka Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Singer Sri Lanka Quarterly Data
Mar20 Jun20 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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Singer Sri Lanka's Beta

For the Specialty Retail subindustry, Singer Sri Lanka'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.


Singer Sri Lanka's Beta Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Singer Sri Lanka's Beta distribution charts can be found below:

* The bar in red indicates where Singer Sri Lanka's Beta falls into.


;
;

Singer Sri Lanka 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.


Singer Sri Lanka  (COL:SINS.N0000) 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)


Singer Sri Lanka Beta Related Terms

Thank you for viewing the detailed overview of Singer Sri Lanka's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Singer Sri Lanka Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Havelock Road, Colombo, LKA, 05
Singer Sri Lanka PLC is a Sri Lanka-based appliance retailer. It is engaged in the marketing of household electrical products. It operates in seven segments including Consumer Electronics which offers televisions, audio, and other electronic products. The Financial Services segment offers leasing, hire purchase, and loans. The furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattresses. Home Appliances offers refrigerators, washing machines, and deep freezers. Digital Products include laptops and smartphones. The sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

Singer Sri Lanka Headlines

No Headlines