Fortune Shoes (DHA:FORTUNE) Beta: N/A (As of Jun. 25, 2026)


DHA:FORTUNE Fortune Shoes Ltd DHA:FORTUNE
28 GF Score
Price BDT16.50
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What is Fortune Shoes Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Fortune Shoes's Beta is Not available.


Fortune Shoes  (DHA:FORTUNE) 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)


Fortune Shoes Beta Related Terms


Fortune Shoes Beta Historical Data

* Premium members only.

The historical data trend for Fortune Shoes'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.

Fortune Shoes Beta Chart

Fortune Shoes Annual Data
Trend
Beta

Fortune Shoes Semi-Annual Data
Beta
DHA:FORTUNE
28GF Score
Fortune Shoes Ltd DHA:FORTUNE
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Shoes 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.


Fortune Shoes Business Description

Address Road No. 08, Plot No. 34 & 36, Block E, Suite C-3, Moon Island, Gulshan-1, Niketon, Dhaka, BGD, 1212
Fortune Shoes Ltd is engaged in manufacturing and exporting leather shoes and footwear.
28GF Score

Get the complete analysis for DHA:FORTUNE

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

BDT16.50
Price