Caribbean Cream (XJAM:KREMI) Beta: N/A (As of Jul. 02, 2026)


XJAM:KREMI Caribbean Cream Ltd XJAM:KREMI
19 GF Score
Price JMD1.20
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What is Caribbean Cream Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-02), Caribbean Cream's Beta is Not available.

Caribbean Cream  (XJAM:KREMI) 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)

Caribbean Cream Beta Related Terms

Caribbean Cream Beta Historical Data

* Premium members only.

The historical data trend for Caribbean Cream'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.

Caribbean Cream Beta Chart

Caribbean Cream Annual Data
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Caribbean Cream Semi-Annual Data
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XJAM:KREMI
19GF Score
Caribbean Cream Ltd XJAM:KREMI
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Caribbean Cream 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.

Caribbean Cream Business Description

Address 3 South Road, Kencot, Kingston, JAM, KGN 10
Caribbean Cream Ltd is a manufacturer and distributor of ice cream and ice cream products. The company distributes its products under the Kremi brand. The products of the company include ice cream, ice cream cakes, and novelties.
19GF Score

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

JMD1.20
Price