Ecobank Cote d'Ivoire (XBRV:ECOC) Beta: N/A (As of Jun. 27, 2026)


XBRV:ECOC Ecobank Cote d'Ivoire XBRV:ECOC
21 GF Score
Price XOF17,150.00
! 1 Warning Sign
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What is Ecobank Cote d'Ivoire Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Ecobank Cote d'Ivoire's Beta is Not available.

Ecobank Cote d'Ivoire  (XBRV:ECOC) 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)

Ecobank Cote d'Ivoire Beta Related Terms

Ecobank Cote d'Ivoire Beta Historical Data

* Premium members only.

The historical data trend for Ecobank Cote d'Ivoire'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.

Ecobank Cote d'Ivoire Beta Chart

Ecobank Cote d'Ivoire Annual Data
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Ecobank Cote d'Ivoire Semi-Annual Data
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XBRV:ECOC
21GF Score
Ecobank Cote d'Ivoire XBRV:ECOC
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecobank Cote d'Ivoire 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.

Ecobank Cote d'Ivoire Business Description

Address Avenue Houdaille, 01, Immeuble Ecobank Place de la Republique, Abidjan, CIV
Ecobank Cote d'Ivoire operate as a bank, engages in the provision of commercial, private, and wholesale banking services. It provides wholesale, retail, investment and transactional banking services to governments, financial institutions, multinationals, local companies, small and medium-sized enterprises and individuals.
21GF Score

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

XOF17,150.00
Price