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HTWSF (Helios Towers) Beta : 1.38 (As of Dec. 15, 2024)


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What is Helios Towers Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Helios Towers's Beta is 1.38.


Helios Towers Beta Historical Data

The historical data trend for Helios Towers'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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Helios Towers Beta Chart

Helios Towers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Helios Towers Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.37

Competitive Comparison of Helios Towers's Beta

For the Telecom Services subindustry, Helios Towers'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.


Helios Towers's Beta Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Helios Towers's Beta distribution charts can be found below:

* The bar in red indicates where Helios Towers's Beta falls into.



Helios Towers 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.


Helios Towers  (OTCPK:HTWSF) 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)


Helios Towers Beta Related Terms

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Helios Towers Business Description

Traded in Other Exchanges
Address
5 Merchant Square West, 10th Floor, London, GBR, W2 1AS
Helios Towers PLC is a United Kingdom-based company engaged in providing telecommunications towers and infrastructure. The company offers tower-related operational services, including site selection, site preparation, maintenance, security, and power management. The company's geographical operating segment includes Ghana, Tanzania, DRC, Congo Brazzaville, South Africa, Senegal, Madagascar, Malawi and Oman. It generates maximum revenue from the DRC segment. The solutions offered by the company include Colocation, Build-to-suit, In-building solutions, and Managed Services.