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YNBY International (HKSE:00030) Beta : -0.03 (As of Dec. 13, 2024)


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What is YNBY International Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), YNBY International's Beta is -0.03.


YNBY International Beta Historical Data

The historical data trend for YNBY International'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.

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YNBY International Beta Chart

YNBY International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 1.71 0.62 0.49 0.76

YNBY International Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.70 0.18 0.27 0.45

Competitive Comparison of YNBY International's Beta

For the Capital Markets subindustry, YNBY International'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.


YNBY International's Beta Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, YNBY International's Beta distribution charts can be found below:

* The bar in red indicates where YNBY International's Beta falls into.



YNBY International 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.


YNBY International  (HKSE:00030) 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)


YNBY International Beta Related Terms

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YNBY International Business Description

Traded in Other Exchanges
N/A
Address
979 King’s Road, 32nd Floor, Cambridge Building, Taikoo Place, Quarry Bay, Hong Kong, HKG
YNBY International Ltd is a new-type comprehensive platform for international business development that serves both international and domestic clients. Centering on the health industry, its business covers E-commerce, trading, professional services and healthcare among other things. It operates entities in multiple places across the world and carries out global operations, covering Asia, America and the EMEA region. The company specializes in developing, marketing and promoting healthcare products/ services, ranging from nutraceuticals, pharmaceuticals, and functional food to cosmetics etc in the health industry.
Executives
Luo Ga 2201 Interest of corporation controlled by you
Gold Bricks Holdings Limited 2201 Interest of corporation controlled by you
Huang Bin 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si 2301 Trustee
Yun Bai Yao Xiang Gang You Xian Gong Si 2101 Beneficial owner
Yun Nan Bai Yao Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Choi Chit Sze, Jackson 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Citic International Financial Holdings Limited 2201 Interest of corporation controlled by you
China United International Group Limited 2201 Interest of corporation controlled by you
China Citic Bank Corporation Limited 2201 Interest of corporation controlled by you
Citic International Assets Management Limited 2201 Interest of corporation controlled by you
Sunwah Greatwall Group Limited 2101 Beneficial owner
Radiant Goldstone Holdings Limited 2201 Interest of corporation controlled by you

YNBY International Headlines

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