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Balatacilar Balataciliknayi ve Ticaret AS (IST:BALAT) Beta : N/A (As of Dec. 13, 2024)


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What is Balatacilar Balataciliknayi ve Ticaret AS Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Balatacilar Balataciliknayi ve Ticaret AS's Beta is Not available.


Balatacilar Balataciliknayi ve Ticaret AS Beta Historical Data

The historical data trend for Balatacilar Balataciliknayi ve Ticaret AS'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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Balatacilar Balataciliknayi ve Ticaret AS Beta Chart

Balatacilar Balataciliknayi ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Balatacilar Balataciliknayi ve Ticaret AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of Balatacilar Balataciliknayi ve Ticaret AS's Beta

For the Auto Parts subindustry, Balatacilar Balataciliknayi ve Ticaret AS'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.


Balatacilar Balataciliknayi ve Ticaret AS's Beta Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balatacilar Balataciliknayi ve Ticaret AS's Beta distribution charts can be found below:

* The bar in red indicates where Balatacilar Balataciliknayi ve Ticaret AS's Beta falls into.



Balatacilar Balataciliknayi ve Ticaret AS 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.


Balatacilar Balataciliknayi ve Ticaret AS  (IST:BALAT) 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)


Balatacilar Balataciliknayi ve Ticaret AS Beta Related Terms

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Balatacilar Balataciliknayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Avenue No:48, O.S.B Hometown, Izmir, TUR
Balatacilar Balatacilik Sanayi ve Ticaret AS is engaged in the production of friction materials. Its products include disc brake pads, brake linings, and fiber clutch.

Balatacilar Balataciliknayi ve Ticaret AS Headlines

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