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Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Beta : N/A (As of Apr. 15, 2025)


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What is Mercan Kimyanayi ve Ticaret AS Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-15), Mercan Kimyanayi ve Ticaret AS's Beta is Not available.


Mercan Kimyanayi ve Ticaret AS Beta Historical Data

The historical data trend for Mercan Kimyanayi 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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Mercan Kimyanayi ve Ticaret AS Beta Chart

Mercan Kimyanayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
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Mercan Kimyanayi ve Ticaret AS Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Mercan Kimyanayi ve Ticaret AS's Beta

For the Specialty Chemicals subindustry, Mercan Kimyanayi 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.


Mercan Kimyanayi ve Ticaret AS's Beta Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mercan Kimyanayi ve Ticaret AS's Beta distribution charts can be found below:

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


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Mercan Kimyanayi 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.


Mercan Kimyanayi ve Ticaret AS  (IST:MERCN) 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)


Mercan Kimyanayi ve Ticaret AS Beta Related Terms

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Mercan Kimyanayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Hacieyuplu Mah. 3125 Sok. No. 23, Merkezefendi Denizli, TUR, 20195
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.

Mercan Kimyanayi ve Ticaret AS Headlines

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