GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WindSun Science & Technology Co Ltd (SHSE:688663) » Definitions » Beta

WindSun Science & Technology Co (SHSE:688663) Beta : 1.37 (As of Mar. 17, 2025)


View and export this data going back to 2021. Start your Free Trial

What is WindSun Science & Technology Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-17), WindSun Science & Technology Co's Beta is 1.37.


WindSun Science & Technology Co Beta Historical Data

The historical data trend for WindSun Science & Technology 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.

* Premium members only.

WindSun Science & Technology Co Beta Chart

WindSun Science & Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only - - - - -

WindSun Science & Technology Co 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 - - 0.52 0.63 1.40

Competitive Comparison of WindSun Science & Technology Co's Beta

For the Electrical Equipment & Parts subindustry, WindSun Science & Technology 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.


WindSun Science & Technology Co's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WindSun Science & Technology Co's Beta distribution charts can be found below:

* The bar in red indicates where WindSun Science & Technology Co's Beta falls into.



WindSun Science & Technology Co 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.


WindSun Science & Technology Co  (SHSE:688663) 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)


WindSun Science & Technology Co Beta Related Terms

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


WindSun Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
North of Jincheng Road Middle Section, Economic Development Zone, Wenshang County, Shandong Province, Jining, CHN, 272500
WindSun Science & Technology Co Ltd is engaged in the research and development, production, sales and service of high-power power electronic energy-saving control technology and related products.
Executives
An Shou Bing Director
Yin Peng Fei senior management
Hou Lei senior management
Qin Xian Sheng senior management
Hu Shun Quan Directors, senior managers
Shao Liang Directors, senior managers
He Zhao Cheng Directors, senior managers
Wang Chuan Yu senior management
Ma Yun Sheng Director
Cheng Xu Dong Supervisors
Xu Wei Long Director
Li Rui Lai Core technical personnel

WindSun Science & Technology Co Headlines

No Headlines