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Yenbai Cement And Minerals JSC (HSTC:YBC) Beta : N/A (As of Jun. 22, 2025)


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What is Yenbai Cement And Minerals JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-22), Yenbai Cement And Minerals JSC's Beta is Not available.


Yenbai Cement And Minerals JSC Beta Historical Data

The historical data trend for Yenbai Cement And Minerals 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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Yenbai Cement And Minerals JSC Beta Chart

Yenbai Cement And Minerals JSC Annual Data
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Yenbai Cement And Minerals JSC Semi-Annual Data
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Competitive Comparison of Yenbai Cement And Minerals JSC's Beta

For the Building Materials subindustry, Yenbai Cement And Minerals 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.


Yenbai Cement And Minerals JSC's Beta Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yenbai Cement And Minerals JSC's Beta distribution charts can be found below:

* The bar in red indicates where Yenbai Cement And Minerals JSC's Beta falls into.


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Yenbai Cement And Minerals 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.


Yenbai Cement And Minerals JSC  (HSTC:YBC) 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)


Yenbai Cement And Minerals JSC Beta Related Terms

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Yenbai Cement And Minerals JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 274 Huong Ly Street, Group 12, Yen Bai Province, Yen Binh District, Yen Bai, VNM
Yenbai Cement And Minerals JSC is engaged in producing and trading cement in Vietnam and Southeast Asia. It also engages in exploiting, processing, and trading minerals and construction stones, as well as exports minerals.

Yenbai Cement And Minerals JSC Headlines

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