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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), Daily Polymer Co's Beta is 0.3397.
Daily Polymer Co (ROCO:4716) 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)
Daily Polymer Co Beta Related Terms
Daily Polymer Co Beta Historical Data
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The historical data trend for Daily Polymer 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.
For the Specialty Chemicals subindustry, Daily Polymer 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.
Daily Polymer Co Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daily Polymer Co's Beta distribution charts can be found below:
* The bar in red indicates where Daily Polymer Co's Beta falls into.
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.
Daily Polymer Co (ROCO:4716) has a Beta of 0.3397 as of Jul. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Daily Polymer Co and its competitors.
Is Daily Polymer Co's Beta too high?
Daily Polymer Co's current Beta is 0.3397. Overall, Daily Polymer Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daily Polymer Co's Beta compare to LIN and SHW?
Daily Polymer Co's Beta of 0.3397 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Daily Polymer Co and its competitors. Daily Polymer Co's current Beta is 0.3397. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daily Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Daily Polymer Co (ROCO:4716) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.58, compared to a current price of NT$22.50 — trading 78.9% above its estimated fair value. The current Beta is 0.3397. Daily Polymer Co's overall GF Score™ is 55/100 with 7 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 Daily Polymer Co (ROCO:4716), the current Beta is 0.3397 as of Jul. 13, 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 Daily Polymer Co (ROCO:4716) Overvalued in 2026?
Based on GuruFocus' analysis, Daily Polymer Co stock appears to be overvalued.
The current stock price of NT$22.50 is trading 78.9% above its estimated GF Value™ of NT$12.58.
GuruFocus considers Daily Polymer Co to be Significantly Overvalued.
Key valuation signals for ROCO:4716:
Beta: 0.3397
GF Value™: NT$12.58 vs. price of NT$22.50 (78.9% above fair value)
No single metric tells the full story. See the ROCO:4716 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daily Polymer Co Ltd is engaged in the manufacturing, processing, and trading of synthetic resins and electronic materials. Its product lines include polymer materials such as resins for paints, unsaturated polyester resin, and paint additives, as well as photo-electronic materials, including conductive polymer. The Company operates through two reportable segments: the Synthetic Resins Segment, which generates maximum revenue and is responsible for the manufacturing, processing, and sales of synthetic resins, and the New Materials Segment, which is responsible for the manufacturing, processing, and sales of electronic materials. The Company operates in Taiwan, Mainland China, and other countries.
55GF Score
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