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South Manganese Investment (HKSE:01091) Beta : 1.16 (As of Dec. 13, 2024)


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What is South Manganese Investment Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), South Manganese Investment's Beta is 1.16.


South Manganese Investment Beta Historical Data

The historical data trend for South Manganese Investment'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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South Manganese Investment Beta Chart

South Manganese Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.53 0.12 0.77 0.43

South Manganese Investment Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 -0.14 0.77 0.58 0.43 0.53

Competitive Comparison of South Manganese Investment's Beta

For the Other Industrial Metals & Mining subindustry, South Manganese Investment'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.


South Manganese Investment's Beta Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, South Manganese Investment's Beta distribution charts can be found below:

* The bar in red indicates where South Manganese Investment's Beta falls into.



South Manganese Investment 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.


South Manganese Investment  (HKSE:01091) 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)


South Manganese Investment Beta Related Terms

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South Manganese Investment Business Description

Traded in Other Exchanges
N/A
Address
95 Queensway, Room A02, 35th Floor, United Centre, Admiralty, Hong Kong, HKG
South Manganese Investment Ltd is a mining company that is engaged in manganese mining and ore processing in China and Gabon and downstream processing operations. It operates in four segments namely Manganese mining which engages in the mining and production of manganese products including mining, beneficiation, concentrating, grinding and the production of manganese concentrates; EMM and alloying materials production segment comprise hydrometallurgical processing and pyrometallurgical processing; Battery materials production segment engages in the production and sale of battery materials products, including Electrolytic Manganese Dioxide; and Trading business segment includes trading of various commodities such as manganese ore, sales of scraps, and others.
Executives
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Sun Mingwen 2201 Interest of corporation controlled by you
Youfu Investment Co., Ltd 2101 Beneficial owner
Feng Xiang Investment Co.,ltd 2101 Beneficial owner
Ma Xuedong 2201 Interest of corporation controlled by you
Gui Nan Da Meng Guo Ji Zi Yuan You Xian Gong Si

South Manganese Investment Headlines

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