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UBXG (U-BX Technology) Beta : N/A (As of Dec. 15, 2024)


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What is U-BX Technology Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), U-BX Technology's Beta is Not available.

U-BX Technology Beta Historical Data

The historical data trend for U-BX Technology'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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U-BX Technology Beta Chart

U-BX Technology Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Beta
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U-BX Technology Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Beta Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of U-BX Technology's Beta

For the Software - Infrastructure subindustry, U-BX Technology'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.

U-BX Technology's Beta Distribution in the Software Industry

For the Software industry and Technology sector, U-BX Technology's Beta distribution charts can be found below:

* The bar in red indicates where U-BX Technology's Beta falls into.


U-BX Technology 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.

U-BX Technology  (NAS:UBXG) 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)

U-BX Technology Beta Related Terms

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U-BX Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » U-BX Technology Ltd (NAS:UBXG) » Definitions » Beta
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1 Linkong Er Road, Zhongguan Science and Technology Park, Shunyi District, Beijing, CHN
Website
https://www.u-bx.com
U-BX Technology Ltd is focused on providing value-added services using artificial intelligence-driven technology to businesses within the insurance industry, including insurance carriers and brokers. It helps institutional clients obtain visibility on various social media platforms and generate revenue based on consumers' clicks, views, or its clients' promotion time through those channels. The company derives a majority of its revenue by providing digital promotion services to its clients and also engages in providing risk assessment services, and value-added bundled benefits. It has developed an algorithm named Magic Mirror, to calculate payout risks for insurance carriers to underwrite auto insurance coverage. Geographically, all of the company's revenue is derived from Mainland China.