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Zarneni Hrani O (XBUL:ZHBG) Beta : N/A (As of Oct. 31, 2024)


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What is Zarneni Hrani O Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-10-31), Zarneni Hrani O's Beta is Not available.


Zarneni Hrani O Beta Historical Data

The historical data trend for Zarneni Hrani O'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.

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Zarneni Hrani O Beta Chart

Zarneni Hrani O Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beta
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Zarneni Hrani O Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Zarneni Hrani O's Beta

For the Farm Products subindustry, Zarneni Hrani O's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zarneni Hrani O's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zarneni Hrani O's Beta distribution charts can be found below:

* The bar in red indicates where Zarneni Hrani O's Beta falls into.



Zarneni Hrani O 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.


Zarneni Hrani O  (XBUL:ZHBG) 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)


Zarneni Hrani O Beta Related Terms

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Zarneni Hrani O Business Description

Traded in Other Exchanges
N/A
Address
2 Stefan Karadja street, Sofia, BGR, 1000
Zarneni Hrani O is an agribusiness company. It is engaged in the distribution of fertilizers and chemicals, oilseed processing, storage & trade in grains and oilseeds, biodiesel production & logistics services. It offers services to farmers.

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