ICD Tan Cang Long Binh JSC (STC:ILB) Beta: N/A (As of Jun. 25, 2026)


What is ICD Tan Cang Long Binh JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), ICD Tan Cang Long Binh JSC's Beta is Not available.

ICD Tan Cang Long Binh JSC  (STC:ILB) 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)

ICD Tan Cang Long Binh JSC Beta Related Terms

ICD Tan Cang Long Binh JSC Beta Historical Data

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The historical data trend for ICD Tan Cang Long Binh 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.

ICD Tan Cang Long Binh JSC Beta Chart

ICD Tan Cang Long Binh JSC Annual Data
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ICD Tan Cang Long Binh JSC Semi-Annual Data
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ICD Tan Cang Long Binh 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.

ICD Tan Cang Long Binh JSC Business Description

Comparable Companies
Address No. 10 Phan Dang Luu Street, Quarter 34, Long Binh Ward, Dong Nai Province, Bien Hoa, VNM
ICD Tan Cang Long Binh JSC operates in service sector. The company provides services of leasing warehouses, container yards and transportation vehicles, and related services (loading and unloading, lifting, trucking, etc.). Its services include warehouse service, customs declaration services, shipping services, concentrated chemical point, depot services, and other value-added services. It operates in a single business segment of warehouse leases and related services, and in a single geographical area of territory of Vietnam.