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Uong Bi Electric Mechanical JSC (HSTC:UEM) Beta : N/A (As of Dec. 15, 2024)


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What is Uong Bi Electric Mechanical JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Uong Bi Electric Mechanical JSC's Beta is Not available.


Uong Bi Electric Mechanical JSC Beta Historical Data

The historical data trend for Uong Bi Electric Mechanical 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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Uong Bi Electric Mechanical JSC Beta Chart

Uong Bi Electric Mechanical JSC Annual Data
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Uong Bi Electric Mechanical JSC Semi-Annual Data
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Competitive Comparison of Uong Bi Electric Mechanical JSC's Beta

For the Railroads subindustry, Uong Bi Electric Mechanical 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.


Uong Bi Electric Mechanical JSC's Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Uong Bi Electric Mechanical JSC's Beta distribution charts can be found below:

* The bar in red indicates where Uong Bi Electric Mechanical JSC's Beta falls into.



Uong Bi Electric Mechanical 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.


Uong Bi Electric Mechanical JSC  (HSTC:UEM) 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)


Uong Bi Electric Mechanical JSC Beta Related Terms

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Uong Bi Electric Mechanical JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Quarter 13, Bac Son Ward, Uong Bi, VNM
Uong Bi Electric Mechanical JSC is engaged in manufacturing other electrical equipment; manufacturing locomotives, trams, and wagons; manufacturing vehicles, and other transport equipment. Its products include Main Reducer Excavator, Passenger Wagons, Excavator Plug, and Electric Cabinet for stone excavator among others.

Uong Bi Electric Mechanical JSC Headlines

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