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Okinawa Financial Group (TSE:7350) Beta : -0.21 (As of Apr. 03, 2025)


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What is Okinawa Financial Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-03), Okinawa Financial Group's Beta is -0.21.


Okinawa Financial Group Beta Historical Data

The historical data trend for Okinawa Financial Group'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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Okinawa Financial Group Beta Chart

Okinawa Financial Group Annual Data
Trend Mar22 Mar23 Mar24
Beta
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Okinawa Financial Group Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -0.12

Competitive Comparison of Okinawa Financial Group's Beta

For the Banks - Regional subindustry, Okinawa Financial Group'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.


Okinawa Financial Group's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Okinawa Financial Group's Beta distribution charts can be found below:

* The bar in red indicates where Okinawa Financial Group's Beta falls into.


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Okinawa Financial Group 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.


Okinawa Financial Group  (TSE:7350) 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)


Okinawa Financial Group Beta Related Terms

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Okinawa Financial Group Business Description

Traded in Other Exchanges
N/A
Address
10-1, Kumoji 3-chome, Okinawa, Naha, JPN, 900-8651
Okinawa Financial Group Inc is primarily involved in the business management of banks and other companies.

Okinawa Financial Group Headlines

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