GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Feed One Co Ltd (TSE:2060) » Definitions » Beta

Feed One Co (TSE:2060) Beta : 0.29 (As of Sep. 20, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Feed One Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-09-20), Feed One Co's Beta is 0.29.


Feed One Co Beta Historical Data

The historical data trend for Feed One 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.

Feed One Co Beta Chart

Feed One Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.59 0.36 0.13 0.31

Feed One Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 -0.02 0.09 0.31 0.24

Competitive Comparison of Feed One Co's Beta

For the Packaged Foods subindustry, Feed One 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.


Feed One Co's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's Beta distribution charts can be found below:

* The bar in red indicates where Feed One Co's Beta falls into.



Feed One 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.


Feed One Co  (TSE:2060) 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)


Feed One Co Beta Related Terms

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


Feed One Co Business Description

Traded in Other Exchanges
N/A
Address
2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.

Feed One Co Headlines

No Headlines