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Viglacera Thanglong JSC (HSTC:TLT) Beta : N/A (As of Jun. 22, 2024)


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What is Viglacera Thanglong JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-22), Viglacera Thanglong JSC's Beta is Not available.


Viglacera Thanglong JSC Beta Historical Data

The historical data trend for Viglacera Thanglong 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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Viglacera Thanglong JSC Beta Chart

Viglacera Thanglong JSC Annual Data
Trend
Beta

Viglacera Thanglong JSC Semi-Annual Data
Beta

Competitive Comparison of Viglacera Thanglong JSC's Beta

For the Building Materials subindustry, Viglacera Thanglong 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.


Viglacera Thanglong JSC's Beta Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Viglacera Thanglong JSC's Beta distribution charts can be found below:

* The bar in red indicates where Viglacera Thanglong JSC's Beta falls into.



Viglacera Thanglong 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.


Viglacera Thanglong JSC  (HSTC:TLT) 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)


Viglacera Thanglong JSC Beta Related Terms

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Viglacera Thanglong JSC (HSTC:TLT) Business Description

Traded in Other Exchanges
N/A
Address
Phuc Thang Ward, Vinh Phuc, Phuc Yen, VNM
Viglacera Thanglong JSC manufactures & exports ceramic floor, wall tiles & other building materials. It also invests infrastructure constructions & provides interior decorating consulting services.

Viglacera Thanglong JSC (HSTC:TLT) Headlines

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