City Capital (City Capital) Beta : -0.89 (As of Jun. 23, 2024)

City Capital Beta Chart

City Capital Annual Data
	Trend	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09
Beta		Get a 7-Day Free Trial					16.99	18.35	3.94	3.01	4.39

City Capital Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09
Beta	Get a 7-Day Free Trial															3.01	2.05	5.77	4.85	4.39

Competitive Comparison of City Capital's Beta

For the Solar subindustry, City Capital'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.

City Capital's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, City Capital's Beta distribution charts can be found below:

* The bar in red indicates where City Capital's Beta falls into.

City Capital 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.

City Capital  (GREY:CTCC) 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)

City Capital Beta Related Terms

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

City Capital (City Capital) Business Description