Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Keen Ocean International Holding's Beta is -0.8876.
Keen Ocean International Holding (HKSE:08070) 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)
Keen Ocean International Holding Beta Related Terms
Keen Ocean International Holding 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 Electronic Components subindustry, Keen Ocean International Holding'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.
Keen Ocean International Holding Beta vs Hardware Industry
For the Hardware industry and Technology sector, Keen Ocean International Holding's Beta distribution charts can be found below:
* The bar in red indicates where Keen Ocean International Holding'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.
Keen Ocean International Holding (HKSE:08070) has a Beta of -0.8876 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Keen Ocean International Holding and its competitors.
Is Keen Ocean International Holding's Beta too high?
Keen Ocean International Holding's current Beta is -0.8876. Overall, Keen Ocean International Holding has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keen Ocean International Holding's Beta compare to APH and GLW?
Keen Ocean International Holding's Beta of -0.8876 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Keen Ocean International Holding and its competitors. Keen Ocean International Holding's current Beta is -0.8876. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keen Ocean International Holding stock overvalued right now?
Based on GuruFocus' analysis, Keen Ocean International Holding (HKSE:08070) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.38, compared to a current price of HK$1.13 — trading 197.4% above its estimated fair value. The current Beta is -0.8876. Keen Ocean International Holding's overall GF Score™ is 56/100. 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 Keen Ocean International Holding (HKSE:08070), the current Beta is -0.8876 as of Jun. 26, 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 Keen Ocean International Holding (HKSE:08070) Overvalued in 2026?
Based on GuruFocus' analysis, Keen Ocean International Holding stock appears to be overvalued.
The current stock price of HK$1.13 is trading 197.4% above its estimated GF Value™ of HK$0.38.
GuruFocus considers Keen Ocean International Holding to be Significantly Overvalued.
Key valuation signals for HKSE:08070:
Beta: -0.8876
GF Value™: HK$0.38 vs. price of HK$1.13 (197.4% above fair value)
No single metric tells the full story. See the HKSE:08070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keen Ocean International Holding Business Description
Keen Ocean International Holding Ltd is engaged in the design, development, production and sale of transformers, switching mode power supplies, electric healthcare products, other electronic parts and components and other products. The company sells its products domestically as well as overseas. Its operation is derived from the manufacture and sale of transformers, switching mode power supply, electronic parts and components. The company derives revenue from Sales of transformers, Sales of switching mode power supply, and Sales of electronic parts and components. Geographically, it operates in Hong Kong, the PRC, Europe, United States, India, and Others with majority of revenue deriving from Europe.
56GF Score
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