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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-12), China Galaxy Securities Co's Beta is 1.4484.
China Galaxy Securities Co (SHSE:601881) 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)
* 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 Financial Conglomerates subindustry, China Galaxy Securities 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.
China Galaxy Securities Co Beta vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, China Galaxy Securities Co's Beta distribution charts can be found below:
* The bar in red indicates where China Galaxy Securities 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.
China Galaxy Securities Co (SHSE:601881) has a Beta of 1.4484 as of Aug. 12, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Galaxy Securities Co and its competitors.
Is China Galaxy Securities Co's Beta too high?
China Galaxy Securities Co's current Beta is 1.4484. Overall, China Galaxy Securities Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Galaxy Securities Co's Beta compare to FRHC and VOYA?
China Galaxy Securities Co's Beta of 1.4484 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Beta depends on the Diversified Financial Services 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 China Galaxy Securities Co and its competitors. China Galaxy Securities Co's current Beta is 1.4484. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Galaxy Securities Co stock overvalued right now?
Based on GuruFocus' analysis, China Galaxy Securities Co (SHSE:601881) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.90, compared to a current price of ¥12.36 — trading 3.9% above its estimated fair value. The current Beta is 1.4484. China Galaxy Securities Co's overall GF Score™ is 67/100 with 3 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 China Galaxy Securities Co (SHSE:601881), the current Beta is 1.4484 as of Aug. 12, 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 China Galaxy Securities Co (SHSE:601881) Overvalued in 2026?
Based on GuruFocus' analysis, China Galaxy Securities Co stock appears to be overvalued.
The current stock price of ¥12.36 is trading 3.9% above its estimated GF Value™ of ¥11.90.
GuruFocus considers China Galaxy Securities Co to be Fairly Valued.
Key valuation signals for SHSE:601881:
Beta: 1.4484
GF Value™: ¥11.90 vs. price of ¥12.36 (3.9% above fair value)
No single metric tells the full story. See the SHSE:601881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Galaxy Securities Co Ltd is an integrated financial services provider in the Chinese securities industry. It is principally engaged in securities and futures brokerage, institutional sales and investment research, proprietary trading and other securities trading services, margin financing and securities lending, asset management and wealth management, and equity investment management. The company's segments include the wealth management business, investment banking business, institutional business, international business, investment trading business, and other parent-subsidiary integration business.
67GF Score
Get the complete analysis for SHSE:601881
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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