GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Akatsuki Eazima Co Ltd (TSE:1997) » Definitions » Beta

Akatsuki Eazima Co (TSE:1997) Beta : 0.18 (As of Dec. 15, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Akatsuki Eazima Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Akatsuki Eazima Co's Beta is 0.18.


Akatsuki Eazima Co Beta Historical Data

The historical data trend for Akatsuki Eazima 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.

* Premium members only.

Akatsuki Eazima Co Beta Chart

Akatsuki Eazima Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.40 0.53 0.27 0.21

Akatsuki Eazima Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.27 0.13 0.13 0.12 0.21

Competitive Comparison of Akatsuki Eazima Co's Beta

For the Engineering & Construction subindustry, Akatsuki Eazima 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.


Akatsuki Eazima Co's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Akatsuki Eazima Co's Beta distribution charts can be found below:

* The bar in red indicates where Akatsuki Eazima Co's Beta falls into.



Akatsuki Eazima 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.


Akatsuki Eazima Co  (TSE:1997) 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)


Akatsuki Eazima Co Beta Related Terms

Thank you for viewing the detailed overview of Akatsuki Eazima Co's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Akatsuki Eazima Co Business Description

Traded in Other Exchanges
N/A
Address
Chiba-cho, Ibaraki Prefecture, Mito, JPN, 5770-2770
Akatsuki Eazima Co Ltd operates in the construction industry. It provides various building services, including the construction of cleaning equipment, plumbing equipment, constant temperature and humidity equipment, among others.

Akatsuki Eazima Co Headlines

No Headlines