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K Cash (HKSE:02483) Beta : N/A (As of Dec. 11, 2024)


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What is K Cash Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), K Cash's Beta is Not available.


K Cash Beta Historical Data

The historical data trend for K Cash'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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K Cash Beta Chart

K Cash Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Beta
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K Cash Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
Beta Get a 7-Day Free Trial - - - - -

Competitive Comparison of K Cash's Beta

For the Credit Services subindustry, K Cash'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.


K Cash's Beta Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, K Cash's Beta distribution charts can be found below:

* The bar in red indicates where K Cash's Beta falls into.



K Cash 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.


K Cash  (HKSE:02483) 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)


K Cash Beta Related Terms

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K Cash Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG
K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.
Executives
East Asia International Trustees Limited 2301 Trustee
Konew Fintech Corporation Limited 2101 Beneficial owner
Konew Group Limited 2201 Interest of corporation controlled by you
Lee Edwin Kan Hing 2201 Interest of corporation controlled by you
Lee Kun Tai Steven 2201 Interest of corporation controlled by you
Lee Pik Tsong 2201 Interest of corporation controlled by you
Lee Sheung Shing 2201 Interest of corporation controlled by you
Sw Lee Limited 2201 Interest of corporation controlled by you
World Wealth Investment Development Limited 2201 Interest of corporation controlled by you

K Cash Headlines

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