Cao Bang Cast Iron & Steel JSC (HSTC:CBI) Beta: N/A (As of Jun. 26, 2026)


HSTC:CBI Cao Bang Cast Iron & Steel JSC HSTC:CBI
13 GF Score
Price ₫12,000.00
! 1 Warning Sign
View Full Analysis

What is Cao Bang Cast Iron & Steel JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Cao Bang Cast Iron & Steel JSC's Beta is Not available.

Cao Bang Cast Iron & Steel JSC  (HSTC:CBI) 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)

Cao Bang Cast Iron & Steel JSC Beta Related Terms

Cao Bang Cast Iron & Steel JSC Beta Historical Data

* Premium members only.

The historical data trend for Cao Bang Cast Iron & Steel JSC'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.

Cao Bang Cast Iron & Steel JSC Beta Chart

Cao Bang Cast Iron & Steel JSC Annual Data
Trend
Beta

Cao Bang Cast Iron & Steel JSC Semi-Annual Data
Beta
HSTC:CBI
13GF Score
Cao Bang Cast Iron & Steel JSC HSTC:CBI
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cao Bang Cast Iron & Steel JSC 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.

Cao Bang Cast Iron & Steel JSC Business Description

Comparable Companies
Address Km7, National Highway 4A, Chu Trinh Commune, Cao Bang Province, Cao Bang, VNM
Cao Bang Cast Iron & Steel JSC is engaged in the manufacturing, trading, importing, and exporting of iron and steel and building materials. It is also engaged in the mining of iron ores. The companies mainly produce steel billets.
13GF Score

Get the complete analysis for HSTC:CBI

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

₫12,000.00
Price