GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ikka Holdings (Cayman) Ltd (TPE:2250) » Definitions » Beta

Ikka Holdings (Cayman) (TPE:2250) Beta : 0.27 (As of Apr. 06, 2025)


View and export this data going back to 2021. Start your Free Trial

What is Ikka Holdings (Cayman) Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-06), Ikka Holdings (Cayman)'s Beta is 0.27.


Ikka Holdings (Cayman) Beta Historical Data

The historical data trend for Ikka Holdings (Cayman)'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.

Ikka Holdings (Cayman) Beta Chart

Ikka Holdings (Cayman) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial - - - - 0.71

Ikka Holdings (Cayman) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 0.63 0.58 0.71

Competitive Comparison of Ikka Holdings (Cayman)'s Beta

For the Specialty Industrial Machinery subindustry, Ikka Holdings (Cayman)'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.


Ikka Holdings (Cayman)'s Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ikka Holdings (Cayman)'s Beta distribution charts can be found below:

* The bar in red indicates where Ikka Holdings (Cayman)'s Beta falls into.


;
;

Ikka Holdings (Cayman) 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.


Ikka Holdings (Cayman)  (TPE:2250) 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)


Ikka Holdings (Cayman) Beta Related Terms

Thank you for viewing the detailed overview of Ikka Holdings (Cayman)'s Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Ikka Holdings (Cayman) Business Description

Traded in Other Exchanges
N/A
Address
No. 3-1, Shenkengzi, Guanxi Town, Hsinchu, TWN
Ikka Holdings (Cayman) Ltd is engaged in the manufacturing and R&D of plastic automotive parts and modules. Its main products can be classified into precision plastic injection molded parts for automobiles and electric vehicles, mold production, business machine parts, residential related equipment parts, and others. Geographically the company derives revenue from Japan, Vietnam, PRC, Thailand, and others in Asia, where the majority is being generated from Japan.

Ikka Holdings (Cayman) Headlines

No Headlines