Bankers Investment Trust (NZSE:BIT) Beta: 0.2161 (As of Jun. 25, 2026)

Bankers Investment Trust  (NZSE:BIT) 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)

Bankers Investment Trust Beta Related Terms

The historical data trend for Bankers Investment Trust'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.

Bankers Investment Trust Beta Chart

Bankers Investment Trust Annual Data
	Trend	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24	Oct25
Beta		Get a 7-Day Free Trial					0.54	0.45	0.04	0.81	0.90

Bankers Investment Trust Semi-Annual Data
	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Oct23	Apr24	Oct24	Apr25	Oct25	Apr26
Beta	Get a 7-Day Free Trial															0.75	0.81	0.95	0.90	0.91

NZSE:BIT vs BLK, BX, KKR: Beta Comparison

For the Asset Management subindustry, Bankers Investment Trust'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.

Bankers Investment Trust Beta vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bankers Investment Trust's Beta distribution charts can be found below:

* The bar in red indicates where Bankers Investment Trust's Beta falls into.

Bankers Investment Trust 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.

Bankers Investment Trust Business Description