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Xuzhou Handler Special Vehicle Co (SZSE:300201) Beta : 1.90 (As of Dec. 14, 2024)


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What is Xuzhou Handler Special Vehicle Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-14), Xuzhou Handler Special Vehicle Co's Beta is 1.90.


Xuzhou Handler Special Vehicle Co Beta Historical Data

The historical data trend for Xuzhou Handler Special Vehicle 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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Xuzhou Handler Special Vehicle Co Beta Chart

Xuzhou Handler Special Vehicle 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 1.02 1.02 1.47 1.71

Xuzhou Handler Special Vehicle 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 1.35 1.71 1.81 1.77 1.91

Competitive Comparison of Xuzhou Handler Special Vehicle Co's Beta

For the Specialty Industrial Machinery subindustry, Xuzhou Handler Special Vehicle 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.


Xuzhou Handler Special Vehicle Co's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xuzhou Handler Special Vehicle Co's Beta distribution charts can be found below:

* The bar in red indicates where Xuzhou Handler Special Vehicle Co's Beta falls into.



Xuzhou Handler Special Vehicle 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.


Xuzhou Handler Special Vehicle Co  (SZSE:300201) 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)


Xuzhou Handler Special Vehicle Co Beta Related Terms

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Xuzhou Handler Special Vehicle Co Business Description

Traded in Other Exchanges
N/A
Address
19 Luoshan Road, Economic Development Zone, Xuzhou, CHN, 221004
Xuzhou Handler Special Vehicle Co Ltd is engaged in the research and development, production and sales of vehicle-mounted mobile elevating work platforms and electric power supporting vehicles in China. Its product includes vehicle-mounted mobile elevating work platform; electric power supporting vehicles; fire trucks; fire robots; LED intelligent power products; robot integrated applications; and robot education, as well as customization products.
Executives
Ding Bo Director
Peng Shao Jiang Supervisors
Chen Hui Yuan Directors, executives
Zhang Yan Bo Secretary Dong
Deng Hao Jie Executives
Chen Qing Jun Executives
Cao Zhong Hua Executives
Gu Feng Executives
Yin Ya Ping Directors, executives
Gao Peng Director
Yang Ya Director
Zhang Hui Ling Supervisors
Ma Chao Executives
Li Pei Si Directors, Directors, and Executives
Ding Jian Ping Director

Xuzhou Handler Special Vehicle Co Headlines

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