Thu Duc Steel JSC (HSTC:TDS) Beta: N/A (As of Jun. 26, 2026)


HSTC:TDS Thu Duc Steel JSC HSTC:TDS
31 GF Score
Price ₫8,300.00
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What is Thu Duc 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), Thu Duc Steel JSC's Beta is Not available.

Thu Duc Steel JSC  (HSTC:TDS) 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)

Thu Duc Steel JSC Beta Related Terms

Thu Duc Steel JSC Beta Historical Data

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The historical data trend for Thu Duc 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.

Thu Duc Steel JSC Beta Chart

Thu Duc Steel JSC Annual Data
Trend
Beta

Thu Duc Steel JSC Semi-Annual Data
Beta
HSTC:TDS
31GF Score
Thu Duc Steel JSC HSTC:TDS
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Thu Duc 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.

Thu Duc Steel JSC Business Description

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Address Km 9, Hanoi Highway, Truong Tho Ward, Thu Duc District, Ho Chi Minh, VNM
Thu Duc Steel JSC is a steel production company. Its product includes Rebar steel; Induction billet furnace; Steel bar SD390 and others.
31GF Score

Get the complete analysis for HSTC:TDS

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

₫8,300.00
Price