Progressive Life Insurance Co (DHA:PROGRESLIF) Beta: N/A (As of Jun. 25, 2026)


DHA:PROGRESLIF Progressive Life Insurance Co Ltd DHA:PROGRESLIF
20 GF Score
Price BDT41.50
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What is Progressive Life Insurance Co Beta?

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

Progressive Life Insurance Co  (DHA:PROGRESLIF) 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)

Progressive Life Insurance Co Beta Related Terms

Progressive Life Insurance Co Beta Historical Data

* Premium members only.

The historical data trend for Progressive Life Insurance Co'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.

Progressive Life Insurance Co Beta Chart

Progressive Life Insurance Co Annual Data
Trend
Beta

Progressive Life Insurance Co Semi-Annual Data
Beta
DHA:PROGRESLIF
20GF Score
Progressive Life Insurance Co Ltd DHA:PROGRESLIF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Life Insurance Co 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.

Progressive Life Insurance Co Business Description

Address Anjuman Mufidul Islam Road, National Scout Bhaban 6th,7th & 8th Floor, Kakrail, Dhaka, BGD, 1000
Progressive Life Insurance Co Ltd provides various life insurance products and services in Bangladesh. It is engaged in a different portfolio of traditional life insurance business i.e. Ordinary Life, Group Life including pension, health scheme, and micro life insurance business under names of Sujan Bima and Surrid Bima.
20GF Score

Get the complete analysis for DHA:PROGRESLIF

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

BDT41.50
Price