Ridge Outdoor International (HKSE:02720) Beta: N/A (As of Aug. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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HKSE:02720 Ridge Outdoor International Ltd HKSE:02720
17 GF Score
Price HK$24.04
! 2 Warning Signs
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What is Ridge Outdoor International Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-12), Ridge Outdoor International's Beta is Not available.

Ridge Outdoor International  (HKSE:02720) 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)

Ridge Outdoor International Beta Related Terms

Ridge Outdoor International Beta Historical Data

* Premium members only.

The historical data trend for Ridge Outdoor International'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.

Ridge Outdoor International Beta Chart

Ridge Outdoor International Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Beta
0.00 0.00 0.00 0.00

Ridge Outdoor International Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Beta 0.00 0.00 0.00 0.00
HKSE:02720
17GF Score
Ridge Outdoor International Ltd HKSE:02720
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Ridge Outdoor International 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.

Ridge Outdoor International Business Description

Address No. 818, Pingshui East Street, 8th Floor, Building 1, Lok Fu Creative Center, Zhejiang Province, Hangzhou, CHN
Ridge Outdoor International Ltd is engaged in the fishing-related equipment industry. Fishing gear encompasses both fishing tackle and fishing-related equipment. Fishing tackle refers to the tools utilized for capturing fish from aquatic environments, such as fishing rods, reels, hooks, lines, and baits. Fishing-related equipment generally includes fishing chairs and bed chairs, seatboxes, barrows, backpacks, sleeping bags, and tents. The company operates a dual business model, combining OEM/ODM manufacturing capabilities with a growing OBM presence to address diverse market demands. Geographically, it generates the majority of its revenue from Europe.
17GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$24.04
Price