Nha Be Steel JSC (HSTC:TNB) Beta: N/A (As of Jun. 25, 2026)


HSTC:TNB Nha Be Steel JSC HSTC:TNB
28 GF Score
Price ₫10,100.00
! 1 Warning Sign
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What is Nha Be Steel JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Nha Be Steel JSC's Beta is Not available.

Nha Be Steel JSC  (HSTC:TNB) 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)

Nha Be Steel JSC Beta Related Terms

Nha Be Steel JSC Beta Historical Data

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The historical data trend for Nha Be 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.

Nha Be Steel JSC Beta Chart

Nha Be Steel JSC Annual Data
Trend
Beta

Nha Be Steel JSC Semi-Annual Data
Beta
HSTC:TNB
28GF Score
Nha Be Steel JSC HSTC:TNB
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nha Be 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.

Nha Be Steel JSC Business Description

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Address 56 Thu Khoa Huan, Ben Thanh Ward, 4th Floor, Vietnam Steel Corporation, Representative Office Building in Ho Chi Minh City, District 1, Ho Chi Minh, VNM
Nha Be Steel JSC is engaged in producing and selling all kinds of construction steel. Its product includes steel billet; angel bar and deformed bar.
28GF Score

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

₫10,100.00
Price