Machines and Industrial Equipment (HSTC:MIE) Beta: N/A (As of Jun. 26, 2026)


HSTC:MIE Machines and Industrial Equipment Corp HSTC:MIE
20 GF Score
Price ₫8,000.00
! 1 Warning Sign
View Full Analysis

What is Machines and Industrial Equipment Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Machines and Industrial Equipment's Beta is Not available.

Machines and Industrial Equipment  (HSTC:MIE) 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)

Machines and Industrial Equipment Beta Related Terms

Machines and Industrial Equipment Beta Historical Data

* Premium members only.

The historical data trend for Machines and Industrial Equipment'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.

Machines and Industrial Equipment Beta Chart

Machines and Industrial Equipment Annual Data
Trend
Beta

Machines and Industrial Equipment Semi-Annual Data
Beta
HSTC:MIE
20GF Score
Machines and Industrial Equipment Corp HSTC:MIE
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Machines and Industrial Equipment 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.

Machines and Industrial Equipment Business Description

Comparable Companies
Address No. 7A Mac Thi Buoi, Vinh Tuy Ward, Hai Ba Trung District, Hanoi, VNM
Machines and Industrial Equipment Corp is engaged in manufacturing mechanical products, installing machinery and equipment, and trading.
20GF Score

Get the complete analysis for HSTC:MIE

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

₫8,000.00
Price