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Johor Plantations Group Bhd (XKLS:5323) Beta : N/A (As of Dec. 13, 2024)


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What is Johor Plantations Group Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Johor Plantations Group Bhd's Beta is Not available.


Johor Plantations Group Bhd Beta Historical Data

The historical data trend for Johor Plantations Group 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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Johor Plantations Group Bhd Beta Chart

Johor Plantations Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Beta
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Johor Plantations Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
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Competitive Comparison of Johor Plantations Group Bhd's Beta

For the Farm Products subindustry, Johor Plantations Group 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.


Johor Plantations Group Bhd's Beta Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Johor Plantations Group Bhd's Beta falls into.



Johor Plantations Group 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.


Johor Plantations Group Bhd  (XKLS:5323) 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)


Johor Plantations Group Bhd Beta Related Terms

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Johor Plantations Group Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Level 11, Menara KOMTAR, Johor Bahru City Centre, Johor Bahru, JHR, MYS, 80000
Johor Plantations Group Bhd is an upstream oil palm plantation company operating predominantly in Johor, Malaysia. It own, manage, and cultivate oil palms and harvest FFB produced on the plantation estates that it owns. The Group operates in two segment: Upstream segment include production of palm oil and palm kernels, Others segment includes training, trading, production of Bio-Methane and other miscellaneous activities. Key revenue is generated from Upstream segment.

Johor Plantations Group Bhd Headlines

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