SPEL (KAR:SPEL) Beta: N/A (As of Jun. 24, 2026)


What is SPEL Beta?

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

SPEL  (KAR:SPEL) 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)

SPEL Beta Related Terms

SPEL Beta Historical Data

* Premium members only.

The historical data trend for SPEL'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.

SPEL Beta Chart

SPEL Annual Data
Trend
Beta

SPEL Quarterly Data
Beta

SPEL 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.

SPEL Business Description

Address 127-S, Quaid-e-Azam Industrial Estate Township, Kot Lakhpat, Lahore, PB, PAK
SPEL Ltd is a manufacturer of technology-intensive engineering and plastic products in Pakistan. The company is engaged in Designing, Molds and Dies Making, Injection Molding, Thermoforming, Blow Molding, Extrusion, Printing, Labeling, Shrink Sleeved Bottles, Stickering and Others. Its product line includes Automotive Parts; Plastic Packaging; Caps and Closures and Jars and Bottles. The company also provides plastic packaging for detergents, caps for skincare products and others. Geographically, it derives a majority of its revenue from Pakistan.