Advanced Wireless & Antenna (ROCO:6818) Beta: -0.1093 (As of Jul. 18, 2026)

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Director of Data and Quant Analytics at GuruFocus
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ROCO:6818 Advanced Wireless & Antenna Inc ROCO:6818
72 GF Score
Price NT$50.00
GF Value NT$46.73
Valuation Fairly Valued
! 2 Warning Signs
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What is Advanced Wireless & Antenna Beta?

Advanced Wireless & Antenna ROCO:6818 -5.66% 72 Beta is -0.1093 as of Jul. 18, 2026. GuruFocus rates ROCO:6818 with a GF Score™ of 72/100 and a GF Value™ of NT$46.73 (Fairly Valued). The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-18), Advanced Wireless & Antenna's Beta is -0.1093.

Advanced Wireless & Antenna  (ROCO:6818) 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)

Advanced Wireless & Antenna Beta Related Terms

Advanced Wireless & Antenna Beta Historical Data

* Premium members only.

The historical data trend for Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna Beta Chart

Advanced Wireless & Antenna Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.71 0.68 0.00

Advanced Wireless & Antenna Semi-Annual Data
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 0.71 0.63 0.68 0.00 0.00

ROCO:6818 vs APH, GLW: Beta Comparison

For the Electronic Components subindustry, Advanced Wireless & Antenna'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.

Advanced Wireless & Antenna Beta vs Hardware Industry

For the Hardware industry and Technology sector, Advanced Wireless & Antenna's Beta distribution charts can be found below:

* The bar in red indicates where Advanced Wireless & Antenna's Beta falls into.


ROCO:6818
72GF Score
Advanced Wireless & Antenna Inc ROCO:6818
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Wireless & Antenna 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 -0.1093 mean?
Advanced Wireless & Antenna (ROCO:6818) has a Beta of -0.1093 as of Jul. 18, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Advanced Wireless & Antenna and its competitors.
Is Advanced Wireless & Antenna's Beta too high?
Advanced Wireless & Antenna's current Beta is -0.1093. Overall, Advanced Wireless & Antenna has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Advanced Wireless & Antenna's Beta compare to APH and GLW?
Advanced Wireless & Antenna's Beta of -0.1093 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Advanced Wireless & Antenna and its competitors. Advanced Wireless & Antenna's current Beta is -0.1093. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Wireless & Antenna stock overvalued right now?
Based on GuruFocus' analysis, Advanced Wireless & Antenna (ROCO:6818) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.73, compared to a current price of NT$50.00 — trading 7% above its estimated fair value. The current Beta is -0.1093. Advanced Wireless & Antenna's overall GF Score™ is 72/100 with 2 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 Advanced Wireless & Antenna (ROCO:6818), the current Beta is -0.1093 as of Jul. 18, 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 Advanced Wireless & Antenna (ROCO:6818) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Wireless & Antenna stock appears to be overvalued. The current stock price of NT$50.00 is trading 7% above its estimated GF Value™ of NT$46.73. GuruFocus considers Advanced Wireless & Antenna to be Fairly Valued.

Key valuation signals for ROCO:6818:

  • Beta: -0.1093
  • GF Value™: NT$46.73 vs. price of NT$50.00 (7% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Advanced Wireless & Antenna Business Description

Address Beixin Road., Xindian District, B2F, Number 207-1, Sec 3, New Taipei City, Taipei, TWN, 231
Advanced Wireless & Antenna Inc is engaged in designing and manufacturing the electronic components for IT, digital home appliances, and portable devices. Its products include V2X, IOT, IT and Networking.
72GF Score

Get the complete analysis for ROCO:6818

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

NT$50.00
Price
NT$46.73
GF Value