Nikola Tesla a.d (XBEL:NKTS) Beta: N/A (As of Jul. 02, 2026)


XBEL:NKTS Nikola Tesla a.d XBEL:NKTS
14 GF Score
Price RSD1,000.00
! 1 Warning Sign
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What is Nikola Tesla a.d Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-02), Nikola Tesla a.d's Beta is Not available.

Nikola Tesla a.d  (XBEL:NKTS) 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)

Nikola Tesla a.d Beta Related Terms

Nikola Tesla a.d Beta Historical Data

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The historical data trend for Nikola Tesla a.d'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.

Nikola Tesla a.d Beta Chart

Nikola Tesla a.d Annual Data
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Beta

Nikola Tesla a.d Semi-Annual Data
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XBEL:NKTS
14GF Score
Nikola Tesla a.d XBEL:NKTS
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikola Tesla a.d 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.

Nikola Tesla a.d Business Description

Address Bulevar Kralja Aleksandra 403, Belgrade, SRB
Nikola Tesla a.d is engaged in repairing of household appliances and home and garden equipment.
14GF Score

Get the complete analysis for XBEL:NKTS

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD1,000.00
Price