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Sedania Innovator Bhd (XKLS:0178) Beta : -0.96 (As of Mar. 30, 2025)


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What is Sedania Innovator Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-30), Sedania Innovator Bhd's Beta is -0.96.


Sedania Innovator Bhd Beta Historical Data

The historical data trend for Sedania Innovator Bhd'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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Sedania Innovator Bhd Beta Chart

Sedania Innovator Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.15 0.70 -0.40 -0.90

Sedania Innovator Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.19 -1.17 -1.16 -1.51 -0.90

Competitive Comparison of Sedania Innovator Bhd's Beta

For the Household & Personal Products subindustry, Sedania Innovator Bhd'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.


Sedania Innovator Bhd's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sedania Innovator Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Sedania Innovator Bhd's Beta falls into.


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Sedania Innovator Bhd 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.


Sedania Innovator Bhd  (XKLS:0178) 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)


Sedania Innovator Bhd Beta Related Terms

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Sedania Innovator Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan SS6/2, Level 10 and 11, Kelana Parkview Tower, Petaling Jaya, SGR, MYS, 47301
Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.

Sedania Innovator Bhd Headlines

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