GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changyuan Technology Group Ltd (SHSE:600525) » Definitions » Beta

Changyuan Technology Group (SHSE:600525) Beta : 1.07 (As of Mar. 16, 2025)


View and export this data going back to 2002. Start your Free Trial

What is Changyuan Technology Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-16), Changyuan Technology Group's Beta is 1.07.


Changyuan Technology Group Beta Historical Data

The historical data trend for Changyuan Technology Group'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.

* Premium members only.

Changyuan Technology Group Beta Chart

Changyuan Technology Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.32 2.23 1.27 1.06

Changyuan Technology Group 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 1.13 1.06 1.15 1.17 1.15

Competitive Comparison of Changyuan Technology Group's Beta

For the Specialty Industrial Machinery subindustry, Changyuan Technology Group'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.


Changyuan Technology Group's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changyuan Technology Group's Beta distribution charts can be found below:

* The bar in red indicates where Changyuan Technology Group's Beta falls into.



Changyuan Technology Group 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.


Changyuan Technology Group  (SHSE:600525) 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)


Changyuan Technology Group Beta Related Terms

Thank you for viewing the detailed overview of Changyuan Technology Group's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Changyuan Technology Group Business Description

Traded in Other Exchanges
N/A
Address
Keyuan Middle Road, Changyuan New Materials Port, Building F, 5th Floor, Nanshan District and High-tech Zone, Guangdong Province, Shenzhen, Guangdong, CHN, 518057
Changyuan Technology Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting, and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulators, chip packaging equipment solutions, clothing intelligent equipment, and other products.
Executives
Wang Wei senior management
Yao Ze Directors, senior managers
Gu Ning senior management
Yang Bo Ren Directors, senior managers
Qiao Wen Jian senior management
Qiang Wei senior management
Wu Qi Quan Director
Mao Ming Chun Director
Xu Cheng Bin Directors, senior managers
Xu Xiao Wen Director
Lu Er Bing Director
Ni Zhao Hua Director
Huang Yong Wei senior management
Xu Lan Hang senior management
Chen Hong Director

Changyuan Technology Group Headlines

No Headlines