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PetroVietnam Oil (HSTC:OIL) Beta : N/A (As of Jun. 20, 2025)


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What is PetroVietnam Oil Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-20), PetroVietnam Oil's Beta is Not available.


PetroVietnam Oil Beta Historical Data

The historical data trend for PetroVietnam Oil'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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PetroVietnam Oil Beta Chart

PetroVietnam Oil Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
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PetroVietnam Oil Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of PetroVietnam Oil's Beta

For the Oil & Gas Refining & Marketing subindustry, PetroVietnam Oil'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.


PetroVietnam Oil's Beta Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Oil's Beta distribution charts can be found below:

* The bar in red indicates where PetroVietnam Oil's Beta falls into.


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PetroVietnam Oil 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.


PetroVietnam Oil  (HSTC:OIL) 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)


PetroVietnam Oil Beta Related Terms

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PetroVietnam Oil Business Description

Traded in Other Exchanges
N/A
Address
No. 1 - 5 Le Duan, Ben Nghe, 14th-18th floor, district 1, Ho Chi Minh city, VNM
PetroVietnam Oil Corp is engaged in the downstream sector of the oil and gas industry, especially in importing & exporting, trading crude oil & blending, storing and distributing oil products. The company's segments consist of International trading of crude oil and petroleum products; Retailing and distribution of petroleum products; and Processing of petroleum lubricants.

PetroVietnam Oil Headlines

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