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Chacha Food Co (SZSE:002557) Beta : 1.43 (As of Dec. 11, 2024)


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What is Chacha Food Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-11), Chacha Food Co's Beta is 1.43.


Chacha Food Co Beta Historical Data

The historical data trend for Chacha Food 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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Chacha Food Co Beta Chart

Chacha Food 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 1.18 0.86 0.61 0.71 0.94

Chacha Food 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 0.86 0.94 1.04 1.16 1.42

Competitive Comparison of Chacha Food Co's Beta

For the Packaged Foods subindustry, Chacha Food 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.


Chacha Food Co's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chacha Food Co's Beta distribution charts can be found below:

* The bar in red indicates where Chacha Food Co's Beta falls into.



Chacha Food 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.


Chacha Food Co  (SZSE:002557) 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)


Chacha Food Co Beta Related Terms

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Chacha Food Co Business Description

Traded in Other Exchanges
N/A
Address
1307 Lianhua Road, Economic & Technological Development Zone, Anhui, Hefei, CHN, 230601
Chacha Food Co Ltd is a China-based company engaged in the production and distribution of leisure food. Its main products include traditional roasted products, including sunflower seed series; high-end nut products, including walnuts; baked food, including potato chips, as well as fried food, pickled food, biscuits and agricultural and sideline products, among others. It distributes its products under the brand name of ChaCha. The company distributes its products within domestic market and to overseas markets.
Executives
Chen Qi Directors, executives
Zhang Ting Ting Supervisors
Song Yu Huan Supervisors
Chen Chang Jun Executives
Tian Jing Securities Affairs Representative
Xuan Li Feng Director
Chen Xian Bao Director

Chacha Food Co Headlines

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