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Colusa - Miliket Foodstuff JSC (HSTC:CMN) Beta : N/A (As of Jun. 20, 2024)


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What is Colusa - Miliket Foodstuff JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-20), Colusa - Miliket Foodstuff JSC's Beta is Not available.


Colusa - Miliket Foodstuff JSC Beta Historical Data

The historical data trend for Colusa - Miliket Foodstuff 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.

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Colusa - Miliket Foodstuff JSC Beta Chart

Colusa - Miliket Foodstuff JSC Annual Data
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Colusa - Miliket Foodstuff JSC Semi-Annual Data
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Competitive Comparison of Colusa - Miliket Foodstuff JSC's Beta

For the Packaged Foods subindustry, Colusa - Miliket Foodstuff JSC'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.


Colusa - Miliket Foodstuff JSC's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colusa - Miliket Foodstuff JSC's Beta distribution charts can be found below:

* The bar in red indicates where Colusa - Miliket Foodstuff JSC's Beta falls into.



Colusa - Miliket Foodstuff 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.


Colusa - Miliket Foodstuff JSC  (HSTC:CMN) 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)


Colusa - Miliket Foodstuff JSC Beta Related Terms

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Colusa - Miliket Foodstuff JSC (HSTC:CMN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
53-55 Ba Huyen Thanh Quan, Ward 06 District 03 City, Ho Chi Minh, VNM
Colusa - Miliket Foodstuff JSC is engaged in manufacturing food products which include Noodles, Pho, White Noodles and Chilli Sauce.

Colusa - Miliket Foodstuff JSC (HSTC:CMN) Headlines

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