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Ningbo BaoSi Energy Equipment Co (SZSE:300441) Beta : 1.19 (As of Dec. 13, 2024)


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What is Ningbo BaoSi Energy Equipment Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Ningbo BaoSi Energy Equipment Co's Beta is 1.19.


Ningbo BaoSi Energy Equipment Co Beta Historical Data

The historical data trend for Ningbo BaoSi Energy Equipment 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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Ningbo BaoSi Energy Equipment Co Beta Chart

Ningbo BaoSi Energy Equipment 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 1.10 0.90 0.57 0.83 0.89

Ningbo BaoSi Energy Equipment 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 0.88 0.89 1.00 1.06 1.26

Competitive Comparison of Ningbo BaoSi Energy Equipment Co's Beta

For the Specialty Industrial Machinery subindustry, Ningbo BaoSi Energy Equipment 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.


Ningbo BaoSi Energy Equipment Co's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo BaoSi Energy Equipment Co's Beta distribution charts can be found below:

* The bar in red indicates where Ningbo BaoSi Energy Equipment Co's Beta falls into.



Ningbo BaoSi Energy Equipment 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.


Ningbo BaoSi Energy Equipment Co  (SZSE:300441) 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)


Ningbo BaoSi Energy Equipment Co Beta Related Terms

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Ningbo BaoSi Energy Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Shangqiao Road, Xiwu Street, Fenghua District, Ningbo, CHN, 315505
Ningbo BaoSi Energy Equipment Co is engaged in the Research and Development, production and sales of screw compressor. It is also screw compressor hosting provider and process gas screw compressor manufacturer. Its products include screw compressor host machines; screw machines for coal bed methane, natural gas, oil and associated gas; whole machines; compressor accessories; and vacuum pumps, as well as other products. Its products are used in various fields of petrochemical, mining and metallurgy, and electricity.
Executives
Wang Zhi Chao Supervisors
Chen Li Kun Director
Zhou Qi Liang Executives
Ke Ya Shi Directors, executives
Chen Jun Directors, Directors, and Executives
Xia Bo Supervisors
Chen Jin Yue Directors, executives
Zhou Yong Chuan Supervisors

Ningbo BaoSi Energy Equipment Co Headlines

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