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Flexdeal Simfe (XLIS:FLEXD) Beta : 0.06 (As of Dec. 13, 2024)


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What is Flexdeal Simfe Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-13), Flexdeal Simfe's Beta is 0.06.


Flexdeal Simfe Beta Historical Data

The historical data trend for Flexdeal Simfe'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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Flexdeal Simfe Beta Chart

Flexdeal Simfe Annual Data
Trend Dec16 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Beta
Get a 7-Day Free Trial - - - 0.06 0.04

Flexdeal Simfe Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 - 0.04 0.07

Competitive Comparison of Flexdeal Simfe's Beta

For the Asset Management subindustry, Flexdeal Simfe'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.


Flexdeal Simfe's Beta Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flexdeal Simfe's Beta distribution charts can be found below:

* The bar in red indicates where Flexdeal Simfe's Beta falls into.



Flexdeal Simfe 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.


Flexdeal Simfe  (XLIS:FLEXD) 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)


Flexdeal Simfe Beta Related Terms

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Flexdeal Simfe Business Description

Traded in Other Exchanges
N/A
Address
Rua Dr. Francisco Torres N.78, Barcelos, PRT, 4750-160
Flexdeal Simfe SA is an investment managment company. The company invests in securities issued by companies eligible for investment by movable investment companies to promote the economy.

Flexdeal Simfe Headlines

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