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Shenzhen INVT Electric Co (SZSE:002334) Beta : 1.74 (As of Apr. 03, 2025)


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What is Shenzhen INVT Electric Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-03), Shenzhen INVT Electric Co's Beta is 1.74.


Shenzhen INVT Electric Co Beta Historical Data

The historical data trend for Shenzhen INVT Electric 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.

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Shenzhen INVT Electric Co Beta Chart

Shenzhen INVT Electric Co 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 1.31 1.06 0.84 0.89 1.49

Shenzhen INVT Electric 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 1.19 1.49 1.75 1.69 1.68

Competitive Comparison of Shenzhen INVT Electric Co's Beta

For the Electrical Equipment & Parts subindustry, Shenzhen INVT Electric 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.


Shenzhen INVT Electric Co's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen INVT Electric Co's Beta distribution charts can be found below:

* The bar in red indicates where Shenzhen INVT Electric Co's Beta falls into.


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Shenzhen INVT Electric 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.


Shenzhen INVT Electric Co  (SZSE:002334) 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)


Shenzhen INVT Electric Co Beta Related Terms

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Shenzhen INVT Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No.4 Building, Gaofa Industrial Park, Long Nanshan District, Shenzhen, CHN, 518055
Shenzhen INVT Electric Co Ltd is an industrial automation and energy power products and service providers. Its business areas cover electrical drive, industrial control, traffic traction, new energy vehicle drive, power, robot and intelligent manufacturing and others. Geographically the activities are carried out through China.
Executives
Huang Shen Li Director
Yan Guang Min Directors, executives
Zhang Ke Meng Directors, executives
Zhang Qing Directors, executives
Li Ying Directors, executives
Yang Lin Director
Sun Bo Supervisors
Jia Jun Director
Zhang Bo Director, Supervisor
Wang Xue Li Directors, executives
Liu Ji Dong Director
Zhu Dong Chan Supervisors
Tang Yi Bo Supervisors
Liu Ling Fang Securities Affairs Representative

Shenzhen INVT Electric Co Headlines

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