Megal AD (XBEL:MGAL) Beta: N/A (As of Jun. 25, 2026)


What is Megal AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Megal AD's Beta is Not available.

Megal AD  (XBEL:MGAL) 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)

Megal AD Beta Related Terms

Megal AD Beta Historical Data

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The historical data trend for Megal AD'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.

Megal AD Beta Chart

Megal AD Annual Data
Trend
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Megal AD Semi-Annual Data
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Megal AD 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.

Megal AD Business Description

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Address Lopardinski put bb, Bujanovac, SRB, 17520
Megal AD produces boilers and radiators for central heating hot water. Its products include MVS Universal Boilers, Continuous TKM Boilers, Trays Special TKM special forces, Boiler for central heating M20 central, and boiler central heating M17. The products are used by individual and smaller industrial facilities such as production halls, kindergartens, and ambulances.