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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-11), Central New Energy Holding Group's Beta is -0.1621.
Central New Energy Holding Group (HKSE:01735) 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)
Central New Energy Holding Group Beta Related Terms
Central New Energy Holding 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 Engineering & Construction subindustry, Central New Energy Holding 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.
Central New Energy Holding Group Beta vs Construction Industry
For the Construction industry and Industrials sector, Central New Energy Holding Group's Beta distribution charts can be found below:
* The bar in red indicates where Central New Energy Holding Group's Beta falls into.
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.
Central New Energy Holding Group (HKSE:01735) has a Beta of -0.1621 as of Aug. 11, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Central New Energy Holding Group and its competitors.
Is Central New Energy Holding Group's Beta too high?
Central New Energy Holding Group's current Beta is -0.1621. Overall, Central New Energy Holding Group has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central New Energy Holding Group's Beta compare to PWR and FIX?
Central New Energy Holding Group's Beta of -0.1621 can be compared against companies in the Construction 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 Construction company?
A good Beta depends on the Construction 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 Central New Energy Holding Group and its competitors. Central New Energy Holding Group's current Beta is -0.1621. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central New Energy Holding Group stock overvalued right now?
Based on GuruFocus' analysis, Central New Energy Holding Group (HKSE:01735) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$20.59, compared to a current price of HK$8.21 — trading 60.1% below its estimated fair value. The current Beta is -0.1621. Central New Energy Holding Group's overall GF Score™ is 74/100 with 3 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 Central New Energy Holding Group (HKSE:01735), the current Beta is -0.1621 as of Aug. 11, 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 Central New Energy Holding Group (HKSE:01735) Overvalued in 2026?
Based on GuruFocus' analysis, Central New Energy Holding Group stock appears to be undervalued.
The current stock price of HK$8.21 is trading 60.1% below its estimated GF Value™ of HK$20.59.
GuruFocus considers Central New Energy Holding Group to be Significantly Undervalued.
Key valuation signals for HKSE:01735:
Beta: -0.1621
GF Value™: HK$20.59 vs. price of HK$8.21 (60.1% below fair value)
No single metric tells the full story. See the HKSE:01735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central New Energy Holding Group Ltd is an investment holding company. The Group is principally engaged in the business of new energy and engineering, procurement, and construction (EPC); green building and construction-related business in Hong Kong and the People's Republic of China (the PRC); smart energy management services; health and wellness; and food and beverage (F&B) supply chain. It generates the majority of its revenue from the New Energy and EPC segment, which provides manufacturing and sales of photovoltaic products and EPC services. Its geographic operations are located in both Hong Kong and the PRC. The group generates the majority of its revenue from the PRC.
74GF Score
Get the complete analysis for HKSE:01735
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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