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Luo Lih Fen Holding Co (TPE:6666) Beta : 0.15 (As of Dec. 12, 2024)


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What is Luo Lih Fen Holding Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-12), Luo Lih Fen Holding Co's Beta is 0.15.


Luo Lih Fen Holding Co Beta Historical Data

The historical data trend for Luo Lih Fen Holding 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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Luo Lih Fen Holding Co Beta Chart

Luo Lih Fen Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
Get a 7-Day Free Trial Premium Member Only - - - 0.81 0.39

Luo Lih Fen Holding Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.13 0.04 0.14 0.13 0.16

Competitive Comparison of Luo Lih Fen Holding Co's Beta

For the Household & Personal Products subindustry, Luo Lih Fen Holding 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.


Luo Lih Fen Holding Co's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Luo Lih Fen Holding Co's Beta distribution charts can be found below:

* The bar in red indicates where Luo Lih Fen Holding Co's Beta falls into.



Luo Lih Fen Holding 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.


Luo Lih Fen Holding Co  (TPE:6666) 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)


Luo Lih Fen Holding Co Beta Related Terms

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Luo Lih Fen Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Longxiang Road, Taiwanese Investment Zone, Fujian, Zhangzhou, CHN
Luo Lih Fen Holding Co Ltd is mainly engaged in the production, sales, and consulting of facial beauty care products. The company also provides course consulting services for college-level systematic training consultations and beauticians. It sells its products under the brands Draise, Easybio, Sunlily, and Glingluo among others. It generates maximum revenues from Mainland China and the rest from Taiwan.

Luo Lih Fen Holding Co Headlines

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