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Synergy House Bhd (XKLS:0279) Beta : N/A (As of Apr. 05, 2025)


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What is Synergy House Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-05), Synergy House Bhd's Beta is Not available.


Synergy House Bhd Beta Historical Data

The historical data trend for Synergy House 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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Synergy House Bhd Beta Chart

Synergy House Bhd Annual Data
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Synergy House Bhd Quarterly Data
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Competitive Comparison of Synergy House Bhd's Beta

For the Furnishings, Fixtures & Appliances subindustry, Synergy House 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.


Synergy House Bhd's Beta Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Synergy House Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Synergy House Bhd's Beta falls into.


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Synergy House 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.


Synergy House Bhd  (XKLS:0279) 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)


Synergy House Bhd Beta Related Terms

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Synergy House Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 16, Persiaran Setia Dagang, Lot 18.A & 18.B & Lot 19.A, Level 18 & 19, Top Glove Tower, Seksyen U13, Bandar Setia Alam, Shah Alam, SGR, MYS, 40170
Synergy House Bhd is an investment holding company and through its subsidiaries, It is principally involved in the design, development, and sale of RTA home furniture. RTA a home furniture is a form of furniture where furniture parts are in flat-packed form for ease of storage and transportation. RTA home furniture requires customers to assemble themselves upon purchase. It sells its RTA home furniture to online retailers, chain-store retailers, and wholesalers via a B2B sales model, as well as directly to end-consumers through Its in-house online store and third-party e-commerce platforms via a B2C sales model.

Synergy House Bhd Headlines

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