NWWDF (New World Development Co) Beta: -0.0219 (As of Jul. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NWWDF New World Development Co Ltd NWWDF
61 GF Score
Price $1.23
GF Value $1.01
! 6 Warning Signs
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What is New World Development Co Beta?

New World Development Co NWWDF 61 Beta is -0.0219 as of Jul. 21, 2026. GuruFocus rates NWWDF with a GF Score™ of 61/100 and a GF Value™ of $1.01. The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), New World Development Co's Beta is -0.0219.

New World Development Co  (OTCPK:NWWDF) 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)

New World Development Co Beta Related Terms

New World Development Co Beta Historical Data

* Premium members only.

The historical data trend for New World Development Co'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.

New World Development Co Beta Chart

New World Development Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.54 0.39 0.41 0.32

New World Development Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.53 0.41 0.35 0.32 0.54

New World Development Co Beta Competitor Comparison

For the Real Estate - Diversified subindustry, New World Development Co'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.

New World Development Co Beta vs Real Estate Industry

For the Real Estate industry and Real Estate sector, New World Development Co's Beta distribution charts can be found below:

* The bar in red indicates where New World Development Co's Beta falls into.


NWWDF
61GF Score
New World Development Co Ltd NWWDF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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New World Development Co 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.0219 mean?
New World Development Co (NWWDF) has a Beta of -0.0219 as of Jul. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for New World Development Co and its competitors.
Is New World Development Co's Beta too high?
New World Development Co's current Beta is -0.0219. Overall, New World Development Co has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does New World Development Co's Beta compare to competitors?
New World Development Co's Beta of -0.0219 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Real Estate company?
A good Beta depends on the Real Estate industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for New World Development Co and its competitors. New World Development Co's current Beta is -0.0219. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Development Co stock overvalued right now?
New World Development Co (NWWDF) has a current Beta of -0.0219. The stock's GF Value™ is $1.01, compared to a current price of $1.23 — trading 21.8% above its estimated fair value. The current Beta is -0.0219. New World Development Co's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For New World Development Co (NWWDF), the current Beta is -0.0219 as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New World Development Co (NWWDF) Overvalued in 2026?

Based on GuruFocus' analysis, New World Development Co stock appears to be overvalued. The current stock price of $1.23 is trading 21.8% above its estimated GF Value™ of $1.01.

Key valuation signals for NWWDF:

  • Beta: -0.0219
  • GF Value™: $1.01 vs. price of $1.23 (21.8% above fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the NWWDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

New World Development Co Business Description

Address 16-18 Queen\'s Road, Central, 30th Floor, New World Tower, Hong Kong, HKG
New World Development is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns about a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China, and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.
61GF Score

Get the complete analysis for NWWDF

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

$1.23
Price
$1.01
GF Value