Emerald Oil Industries (DHA:EMERALDOIL) Beta: N/A (As of Jun. 26, 2026)


DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT22.40
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What is Emerald Oil Industries Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Emerald Oil Industries's Beta is Not available.

Emerald Oil Industries  (DHA:EMERALDOIL) 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)

Emerald Oil Industries Beta Related Terms

Emerald Oil Industries Beta Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries Beta Chart

Emerald Oil Industries Annual Data
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Emerald Oil Industries Quarterly Data
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DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Oil Industries 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.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT22.40
Price