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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-13), China HK Power Smart Energy Group's Beta is -0.2954.
China HK Power Smart Energy Group (HKSE:00931) 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)
China HK Power Smart Energy Group Beta Related Terms
China HK Power Smart Energy Group Beta Historical Data
* 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.
For the Oil & Gas Refining & Marketing subindustry, China HK Power Smart Energy Group'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.
China HK Power Smart Energy Group Beta vs Oil & Gas Industry
China HK Power Smart Energy Group 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.
China HK Power Smart Energy Group (HKSE:00931) has a Beta of -0.2954 as of Aug. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China HK Power Smart Energy Group and its competitors.
Is China HK Power Smart Energy Group's Beta too high?
China HK Power Smart Energy Group's current Beta is -0.2954. Overall, China HK Power Smart Energy Group has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China HK Power Smart Energy Group's Beta compare to MPC and VLO?
China HK Power Smart Energy Group's Beta of -0.2954 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Oil & Gas company?
A good Beta depends on the Oil & Gas industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China HK Power Smart Energy Group and its competitors. China HK Power Smart Energy Group's current Beta is -0.2954. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China HK Power Smart Energy Group stock overvalued right now?
Based on GuruFocus' analysis, China HK Power Smart Energy Group (HKSE:00931) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.61, compared to a current price of HK$0.28 — trading 54.1% below its estimated fair value. The current Beta is -0.2954. China HK Power Smart Energy Group's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For China HK Power Smart Energy Group (HKSE:00931), the current Beta is -0.2954 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China HK Power Smart Energy Group (HKSE:00931) Overvalued in 2026?
Based on GuruFocus' analysis, China HK Power Smart Energy Group stock appears to be undervalued.
The current stock price of HK$0.28 is trading 54.1% below its estimated GF Value™ of HK$0.61.
GuruFocus considers China HK Power Smart Energy Group to be Possible Value Trap.
Key valuation signals for HKSE:00931:
Beta: -0.2954
GF Value™: HK$0.61 vs. price of HK$0.28 (54.1% below fair value)
No single metric tells the full story. See the HKSE:00931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China HK Power Smart Energy Group Ltd is engaged in the development of new energy businesses, which include investment, construction & operation of liquefied natural gas infrastructure, and financial leasing services. Its segments include: New energy business; NG business; and Financial services. The majority of revenue is from NG business, which includes: Sales and distribution of NG including wholesale of LNG and PNG, point-to-point supply of LNG, automobile gas stations, LNG pipeline network and provision of LNG logistic services in the PRC.
37GF Score
Get the complete analysis for HKSE:00931
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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