Novosadskijam AD (XBEL:NSSJ) Beta: N/A (As of Jun. 28, 2026)


XBEL:NSSJ Novosadski Sajam AD XBEL:NSSJ
5 GF Score
Price RSD650.00
! 1 Warning Sign
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What is Novosadskijam AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Novosadskijam AD's Beta is Not available.

Novosadskijam AD  (XBEL:NSSJ) 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)

Novosadskijam AD Beta Related Terms

Novosadskijam AD Beta Historical Data

* Premium members only.

The historical data trend for Novosadskijam 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.

Novosadskijam AD Beta Chart

Novosadskijam AD Annual Data
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Beta

Novosadskijam AD Semi-Annual Data
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XBEL:NSSJ
5GF Score
Novosadski Sajam AD XBEL:NSSJ
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Novosadskijam 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.

Novosadskijam AD Business Description

Address Hajduk Veljkova 11, Novi Sad, SRB, 21137
Novosadski Sajam AD organizes meetings and trade shows. It also organizes professional meetings, marketing services, warehousing, and catering. The company's services include hospitality, parking, advertising, interior design, and others.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD650.00
Price