Ittefaq Iron Industries (KAR:ITTEFAQ) Beta: N/A (As of Jun. 24, 2026)


KAR:ITTEFAQ Ittefaq Iron Industries Ltd KAR:ITTEFAQ
9 GF Score
Price ₨8.65
! 1 Warning Sign
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What is Ittefaq Iron Industries Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Ittefaq Iron Industries's Beta is Not available.

Ittefaq Iron Industries  (KAR:ITTEFAQ) 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)

Ittefaq Iron Industries Beta Related Terms

Ittefaq Iron Industries Beta Historical Data

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The historical data trend for Ittefaq Iron Industries'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.

Ittefaq Iron Industries Beta Chart

Ittefaq Iron Industries Annual Data
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Beta

Ittefaq Iron Industries Semi-Annual Data
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KAR:ITTEFAQ
9GF Score
Ittefaq Iron Industries Ltd KAR:ITTEFAQ
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Ittefaq Iron Industries 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.

Ittefaq Iron Industries Business Description

Address Gulberg III, 40-B II, Lahore, PB, PAK
Ittefaq Iron Industries Ltd is engaged in the manufacturing of Iron Bars and Girders. The products of the company include deformed bars, girder, T-Iron, I and B beam, Angel and Channel, and steel billets.
9GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨8.65
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