GURUFOCUS.COM » STOCK LIST » Asia » Bangladesh » DHA » Monno Fabrics Ltd (DHA:MONNOFABR) » Definitions » Beta
Switch to:

Monno Fabrics (DHA:MONNOFABR) Beta

: N/A (As of Today)
View and export this data going back to 1990. Start your Free Trial

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2023-02-03), Monno Fabrics's Beta is Not available.


Monno Fabrics Beta Historical Data

The historical data trend for Monno Fabrics'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.

Monno Fabrics Annual Data
Trend
Beta

Monno Fabrics Semi-Annual Data
Beta

Competitive Comparison

For the Textile Manufacturing subindustry, Monno Fabrics'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.

   

Monno Fabrics Beta Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Monno Fabrics's Beta distribution charts can be found below:

* The bar in red indicates where Monno Fabrics's Beta falls in comparison to its industry or sector. The grey bar indicates the Beta's extreme value range as defined by GuruFocus.



Monno Fabrics 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.


Monno Fabrics  (DHA:MONNOFABR) 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)


Monno Fabrics Beta Related Terms

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


Monno Fabrics (DHA:MONNOFABR) Business Description

Monno Fabrics logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
9, Wyre Street, Wari, Dhaka, BGD, 1203
Website
Monno Fabrics Ltd manufactures Fabrics, Garments and exports in world wide. The Company produces yarn, then weave and produce fabrics, then process in its Dyeing and Finishing section.

Monno Fabrics (DHA:MONNOFABR) Headlines

No Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
premium membership