Zavod za Shlifovachni Mashini AD (XBUL:GPP) Beta: N/A (As of Jun. 29, 2026)


What is Zavod za Shlifovachni Mashini AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Zavod za Shlifovachni Mashini AD's Beta is Not available.

Zavod za Shlifovachni Mashini AD  (XBUL:GPP) 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)

Zavod za Shlifovachni Mashini AD Beta Related Terms

Zavod za Shlifovachni Mashini AD Beta Historical Data

* Premium members only.

The historical data trend for Zavod za Shlifovachni Mashini 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.

Zavod za Shlifovachni Mashini AD Beta Chart

Zavod za Shlifovachni Mashini AD Annual Data
Trend
Beta

Zavod za Shlifovachni Mashini AD Quarterly Data
Beta

Zavod za Shlifovachni Mashini 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.

Zavod za Shlifovachni Mashini AD Business Description

Address 13 Kozanovska Street, Asenovgrad, BGR, 4230
Zavod za Shlifovachni Mashini AD manufactures industrial grinders such as universal cylindrical grinding machines, flat and surface grinding machines with horizontal spindle and rectangular table among others. Along with the equipment typical for a machine-building company, it also has some production-specific machines such as planers, milling machines, grinding machines, machining centers, etc.