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Telecommunication Project Construction Development JSC (HSTC:TEL) Beta : N/A (As of Dec. 14, 2024)


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What is Telecommunication Project Construction Development JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-14), Telecommunication Project Construction Development JSC's Beta is Not available.


Telecommunication Project Construction Development JSC Beta Historical Data

The historical data trend for Telecommunication Project Construction Development 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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Telecommunication Project Construction Development JSC Beta Chart

Telecommunication Project Construction Development JSC Annual Data
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Beta

Telecommunication Project Construction Development JSC Semi-Annual Data
Beta

Competitive Comparison of Telecommunication Project Construction Development JSC's Beta

For the Engineering & Construction subindustry, Telecommunication Project Construction Development 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.


Telecommunication Project Construction Development JSC's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Telecommunication Project Construction Development JSC's Beta distribution charts can be found below:

* The bar in red indicates where Telecommunication Project Construction Development JSC's Beta falls into.



Telecommunication Project Construction Development 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.


Telecommunication Project Construction Development JSC  (HSTC:TEL) 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)


Telecommunication Project Construction Development JSC Beta Related Terms

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Telecommunication Project Construction Development JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Lot 18 - Dinh Cong Urban Area, Dinh Cong Ward, Hoang Mai District, Hanoi, VNM
Telecommunication Project Construction Development JSC is engaged in designing, installing, and constructing telecom infrastructure. The company operates Main activity in the field of construction and installation of telecommunications projects. In addition, TEL also provides construction consulting services and real estate services such as office rental and tennis court rental.