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Jetpak Top Holding AB (publ) (OSTO:JETPAK) Beta : N/A (As of Dec. 14, 2024)


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What is Jetpak Top Holding AB (publ) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-14), Jetpak Top Holding AB (publ)'s Beta is Not available.


Jetpak Top Holding AB (publ) Beta Historical Data

The historical data trend for Jetpak Top Holding AB (publ)'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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Jetpak Top Holding AB (publ) Beta Chart

Jetpak Top Holding AB (publ) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only - - 0.24 0.31 0.21

Jetpak Top Holding AB (publ) 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 0.31 0.21 0.03 0.02 0.06

Competitive Comparison of Jetpak Top Holding AB (publ)'s Beta

For the Integrated Freight & Logistics subindustry, Jetpak Top Holding AB (publ)'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.


Jetpak Top Holding AB (publ)'s Beta Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jetpak Top Holding AB (publ)'s Beta distribution charts can be found below:

* The bar in red indicates where Jetpak Top Holding AB (publ)'s Beta falls into.



Jetpak Top Holding AB (publ) 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.


Jetpak Top Holding AB (publ)  (OSTO:JETPAK) 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)


Jetpak Top Holding AB (publ) Beta Related Terms

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Jetpak Top Holding AB (publ) Business Description

Traded in Other Exchanges
N/A
Address
Tornvagen 17 A, Stockholm, SWE, 19060
Jetpak Top Holding AB (publ) is a provider of express logistics services. The company is engaged in time-critical logistics. Its operations are divided into Express Air and Express Road segments. The Express segment consists of air-based courier/logistics services. The Express Road segment consists of fully ground-based courier/logistics services. Services offered by the company include courier express, jetpack direct, jetpack next day, courier logistics, customer specific, and linehaul. It provides express logistics services mainly in the Nordic region (Sweden, Norway, Denmark, and Finland) it is also present in the Baltics, Benelux, UK, and Poland.

Jetpak Top Holding AB (publ) Headlines

No Headlines