Cynotech Holdings Limited (NZSE:CYTHA.PFD) Beta: N/A (As of Jun. 25, 2026)


What is Cynotech Holdings Limited Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Cynotech Holdings Limited's Beta is Not available.

Cynotech Holdings Limited  (NZSE:CYTHA.PFD) 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)

Cynotech Holdings Limited Beta Related Terms

Cynotech Holdings Limited Beta Historical Data

* Premium members only.

The historical data trend for Cynotech Holdings Limited'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.

Cynotech Holdings Limited Beta Chart

Cynotech Holdings Limited Annual Data
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Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Cynotech Holdings Limited Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Cynotech Holdings Limited 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.

Cynotech Holdings Limited Business Description

Cynotech Holdings Limited (CYT-NZ) incorporates the following: Food manufacturing, Satellite Phone operations and a Finance Group.