Autoprevoz ad Banja Luka (XBLB:APBL-R-B) Beta: N/A (As of Jun. 27, 2026)


What is Autoprevoz ad Banja Luka Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Autoprevoz ad Banja Luka's Beta is Not available.

Autoprevoz ad Banja Luka  (XBLB:APBL-R-B) 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)

Autoprevoz ad Banja Luka Beta Related Terms

Autoprevoz ad Banja Luka Beta Historical Data

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The historical data trend for Autoprevoz ad Banja Luka'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.

Autoprevoz ad Banja Luka Beta Chart

Autoprevoz ad Banja Luka Annual Data
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Autoprevoz ad Banja Luka Semi-Annual Data
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Autoprevoz ad Banja Luka 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.

Autoprevoz ad Banja Luka Business Description

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Address Path of the Serbian defenders 35, Banja Luka, BIH, 78000
Autoprevoz ad Banja Luka is a transport company for city, suburban and intercity passenger transportation in Bosnia and Herzegovina.