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Viettel Construction JSC (STC:CTR) Beta : N/A (As of Jun. 24, 2024)


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What is Viettel Construction JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-24), Viettel Construction JSC's Beta is Not available.


Viettel Construction JSC Beta Historical Data

The historical data trend for Viettel Construction JSC'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.

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Viettel Construction JSC Beta Chart

Viettel Construction JSC Annual Data
Trend
Beta

Viettel Construction JSC Quarterly Data
Jun22 Jun23
Beta - -

Competitive Comparison of Viettel Construction JSC's Beta

For the Engineering & Construction subindustry, Viettel Construction JSC'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.


Viettel Construction JSC's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Viettel Construction JSC's Beta distribution charts can be found below:

* The bar in red indicates where Viettel Construction JSC's Beta falls into.



Viettel Construction JSC 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.


Viettel Construction JSC  (STC:CTR) 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)


Viettel Construction JSC Beta Related Terms

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Viettel Construction JSC (STC:CTR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Pham Van Bach Street, Yen Hoa Ward, Cau Giay District, Hanoi, VNM
Viettel Construction JSC is a Vietnam-based company engaged in the construction and engineering sector. The Company's business activities include Construction, Investment in Leasing Infrastructure, Integrated Solutions and Operations. It provides telecommunication transmission lines, towers and cable laying; the manufacture of antenna, concrete poles and other telecommunication construction supplies; the erection of institutional buildings, and the upgrade of concrete roads.

Viettel Construction JSC (STC:CTR) Headlines

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