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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-28), Asia Strategy Digit Technology Holdings's Beta is -0.3128.
Asia Strategy Digit Technology Holdings (HKSE:01027) 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)
Asia Strategy Digit Technology Holdings Beta Related Terms
Asia Strategy Digit Technology Holdings 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.
Asia Strategy Digit Technology Holdings Beta Chart
Asia Strategy Digit Technology Holdings Annual Data
For the Footwear & Accessories subindustry, Asia Strategy Digit Technology Holdings'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.
Asia Strategy Digit Technology Holdings Beta vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Strategy Digit Technology Holdings's Beta distribution charts can be found below:
* The bar in red indicates where Asia Strategy Digit Technology Holdings's Beta falls into.
Asia Strategy Digit Technology Holdings 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.
Asia Strategy Digit Technology Holdings (HKSE:01027) has a Beta of -0.3128 as of Jul. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Asia Strategy Digit Technology Holdings and its competitors.
Is Asia Strategy Digit Technology Holdings' Beta too high?
Asia Strategy Digit Technology Holdings' current Beta is -0.3128. Overall, Asia Strategy Digit Technology Holdings has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Strategy Digit Technology Holdings' Beta compare to NKE and DECK?
Asia Strategy Digit Technology Holdings' Beta of -0.3128 can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Beta depends on the Manufacturing - Apparel & Accessories 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 Asia Strategy Digit Technology Holdings and its competitors. Asia Strategy Digit Technology Holdings's current Beta is -0.3128. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Strategy Digit Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Strategy Digit Technology Holdings (HKSE:01027) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.69, compared to a current price of HK$3.93 — trading 469.6% above its estimated fair value. The current Beta is -0.3128. Asia Strategy Digit Technology Holdings' overall GF Score™ is 25/100 with 8 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 Asia Strategy Digit Technology Holdings (HKSE:01027), the current Beta is -0.3128 as of Jul. 28, 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 Asia Strategy Digit Technology Holdings (HKSE:01027) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Strategy Digit Technology Holdings stock appears to be overvalued.
The current stock price of HK$3.93 is trading 469.6% above its estimated GF Value™ of HK$0.69.
GuruFocus considers Asia Strategy Digit Technology Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01027:
Beta: -0.3128
GF Value™: HK$0.69 vs. price of HK$3.93 (469.6% above fair value)
No single metric tells the full story. See the HKSE:01027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Strategy Digit Technology Holdings Business Description
Asia Strategy Digit Technology Holdings Ltd is an umbrella and parts manufacturing company. It manufactures and sells POE umbrellas, nylon umbrellas and umbrella parts such as plastic cloth and shaft. It exports its POE umbrellas, nylon umbrellas and umbrella parts to markets such as Japan, Hong Kong, Republic of Korea, Taiwan, Spain, and Cambodia. The company generates the majority of revenues from Japan.
25GF Score
Get the complete analysis for HKSE:01027
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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