GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Creditwest Faktoring AS (IST:CRDFA) » Definitions » Beta

Creditwest Faktoring AS (IST:CRDFA) Beta : N/A (As of Dec. 13, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Creditwest Faktoring AS Beta?

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


Creditwest Faktoring AS Beta Historical Data

The historical data trend for Creditwest Faktoring 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.

* Premium members only.

Creditwest Faktoring AS Beta Chart

Creditwest Faktoring AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Creditwest Faktoring AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Creditwest Faktoring AS's Beta

For the Credit Services subindustry, Creditwest Faktoring 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.


Creditwest Faktoring AS's Beta Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditwest Faktoring AS's Beta distribution charts can be found below:

* The bar in red indicates where Creditwest Faktoring AS's Beta falls into.



Creditwest Faktoring 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.


Creditwest Faktoring AS  (IST:CRDFA) 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)


Creditwest Faktoring AS Beta Related Terms

Thank you for viewing the detailed overview of Creditwest Faktoring AS's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Creditwest Faktoring AS Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere cad No 108, Enka Binasi Esentepe, Istanbul, TUR, 34394
Creditwest Faktoring AS is a Turkish company which engages in the factoring activities regarding domestic and international transactions. It offers various types of factoring services, such as domestic, import and export, which are used in a range of sectors. The company also provides credit management, revenue management, and cash management.

Creditwest Faktoring AS Headlines

No Headlines