SHP Celex a.d (XBLB:CELX-R-A) Beta: N/A (As of Jun. 26, 2026)


What is SHP Celex a.d Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), SHP Celex a.d's Beta is Not available.

SHP Celex a.d  (XBLB:CELX-R-A) 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)

SHP Celex a.d Beta Related Terms

SHP Celex a.d Beta Historical Data

* Premium members only.

The historical data trend for SHP Celex 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.

SHP Celex a.d Beta Chart

SHP Celex a.d Annual Data
Trend Dec12 Dec13
Beta
0.00 0.00

SHP Celex a.d Semi-Annual Data
Dec12 Dec13
Beta 0.00 0.00

SHP Celex 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.

SHP Celex a.d Business Description

Address Veljka Mladjenoviaea bb, Banja Luka, BIH, 78102
SHP Celex a.d. operates in the industry of household and personal products. The company is engaged in manufacturing of hygienic papers in Central and South Eastern Europe. The products of the company include toilet paper, kitchen towels, handkerchiefs, facial tissues, and napkins.