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Anant Raj (NSE:ANANTRAJ) Beta : 1.61 (As of Dec. 11, 2024)


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What is Anant Raj Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), Anant Raj's Beta is 1.61.


Anant Raj Beta Historical Data

The historical data trend for Anant Raj'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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Anant Raj Beta Chart

Anant Raj Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.31 1.18 1.03 1.32

Anant Raj 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 1.43 1.01 1.32 1.24 1.70

Competitive Comparison of Anant Raj's Beta

For the Real Estate - Development subindustry, Anant Raj'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.


Anant Raj's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Anant Raj's Beta distribution charts can be found below:

* The bar in red indicates where Anant Raj's Beta falls into.



Anant Raj 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.


Anant Raj  (NSE:ANANTRAJ) 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)


Anant Raj Beta Related Terms

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Anant Raj Business Description

Traded in Other Exchanges
Address
H-65, Connaught Circus, New Delhi, IND, 110001
Anant Raj Ltd is a real estate company engaged in the development and construction of information and technology parks, hospitality projects, special economic zones, shopping malls, commercial complexes, residential, service apartments, and other infrastructure projects in the State of Delhi, Haryana, Rajasthan, and the National Capital Region. Some of its projects include Anant Raj Estate, Aashray, Neemrana, Maceo, Technology Park, Anant Raj Galleria, Moments Mall, Mapple Emerald, and Regenta Hotel and Convention. The company derives revenue primarily within India.

Anant Raj Headlines

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