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Binh Tay Steel Wire Netting JSC (HSTC:VDT) Beta : N/A (As of Jun. 17, 2025)


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What is Binh Tay Steel Wire Netting JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-17), Binh Tay Steel Wire Netting JSC's Beta is Not available.


Binh Tay Steel Wire Netting JSC Beta Historical Data

The historical data trend for Binh Tay Steel Wire Netting 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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Binh Tay Steel Wire Netting JSC Beta Chart

Binh Tay Steel Wire Netting JSC Annual Data
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Binh Tay Steel Wire Netting JSC Semi-Annual Data
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Competitive Comparison of Binh Tay Steel Wire Netting JSC's Beta

For the Steel subindustry, Binh Tay Steel Wire Netting 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.


Binh Tay Steel Wire Netting JSC's Beta Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Binh Tay Steel Wire Netting JSC's Beta distribution charts can be found below:

* The bar in red indicates where Binh Tay Steel Wire Netting JSC's Beta falls into.


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Binh Tay Steel Wire Netting 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.


Binh Tay Steel Wire Netting JSC  (HSTC:VDT) 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)


Binh Tay Steel Wire Netting JSC Beta Related Terms

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Binh Tay Steel Wire Netting JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
117 Au Co, Phu Trung Ward, Tan Phu District, Ho Chi Minh, VNM
Binh Tay Steel Wire Netting JSC is engaged in producing and trading in iron and steel, non-ferrous metals, and all kinds of construction materials. The company's products includes Fence Net, Barbed Wire, Soft Aneed steel wire, Zinc-plated mesh, Zinc-plated wire etc.

Binh Tay Steel Wire Netting JSC Headlines

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