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Beijing ConST Instruments Technology (SZSE:300445) Beta : 1.11 (As of Mar. 17, 2025)


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What is Beijing ConST Instruments Technology Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-17), Beijing ConST Instruments Technology's Beta is 1.11.


Beijing ConST Instruments Technology Beta Historical Data

The historical data trend for Beijing ConST Instruments Technology'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.

* Premium members only.

Beijing ConST Instruments Technology Beta Chart

Beijing ConST Instruments Technology 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 1.20 1.20 1.10 0.76 0.59

Beijing ConST Instruments Technology 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 0.43 0.59 1.05 1.12 1.12

Competitive Comparison of Beijing ConST Instruments Technology's Beta

For the Scientific & Technical Instruments subindustry, Beijing ConST Instruments Technology'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.


Beijing ConST Instruments Technology's Beta Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing ConST Instruments Technology's Beta distribution charts can be found below:

* The bar in red indicates where Beijing ConST Instruments Technology's Beta falls into.



Beijing ConST Instruments Technology 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.


Beijing ConST Instruments Technology  (SZSE:300445) 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)


Beijing ConST Instruments Technology Beta Related Terms

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Beijing ConST Instruments Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Fengxiu Middle Road, Building 5, Haidian District, Beijing Hospital, Beijing, CHN, 100094
Beijing ConST Instruments Technology Inc is engaged in the research, development, manufacture and marketing of digital pressure detection and temperature calibration instruments. Its main products include digital pressure gauge, intelligent pressure calibrator, automatic pressure calibrator, intelligent pressure generation, intelligent pressure controller, pressure checker, temperature calibrator, portable temperature calibrator and temperature automatic calibration system.
Executives
Jiang Wei Li Director
He Xin Director
Zhao Shi Chun Directors, executives
Liu Bao Qi Director
He Xun Hai Supervisors
Li Guang Securities Affairs Representative
Zhao Ming Jian Directors, executives

Beijing ConST Instruments Technology Headlines

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