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Jinke Smart Services Group Co (HKSE:09666) Beta : 0.83 (As of Dec. 12, 2024)


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What is Jinke Smart Services Group Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Jinke Smart Services Group Co's Beta is 0.83.


Jinke Smart Services Group Co Beta Historical Data

The historical data trend for Jinke Smart Services Group Co'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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Jinke Smart Services Group Co Beta Chart

Jinke Smart Services Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial - - - - 1.01

Jinke Smart Services Group Co Semi-Annual Data
Dec17 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 - - - 1.01 1.02

Competitive Comparison of Jinke Smart Services Group Co's Beta

For the Real Estate Services subindustry, Jinke Smart Services Group Co'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.


Jinke Smart Services Group Co's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jinke Smart Services Group Co's Beta distribution charts can be found below:

* The bar in red indicates where Jinke Smart Services Group Co's Beta falls into.



Jinke Smart Services Group Co 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.


Jinke Smart Services Group Co  (HKSE:09666) 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)


Jinke Smart Services Group Co Beta Related Terms

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Jinke Smart Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 480, Panxi Road, Shimahe Street, Building A4, East Zone, Jinke Shiniancheng, Jiangbei District, Chongqing, CHN
Jinke Smart Services Group Co Ltd is a smart property management service provider in China. The firm is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and smart living technology solutions. It has focused on the three main regions in China that are Southwestern China, Eastern & Southern China, Central China, and other regions where it generates a majority of its revenue from the Southwestern China Region.
Executives
Hai Nan Xi Wa Si Mu Ji Jin Guan Li You Xian Ze Ren Gong Si 2102 Investment manager
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