Centralna kooperativna Banka AD (XMAE:CKB) Beta: N/A (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAE:CKB Centralna kooperativna Banka AD XMAE:CKB
23 GF Score
Price MKD340.00
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What is Centralna kooperativna Banka AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-20), Centralna kooperativna Banka AD's Beta is Not available.

Centralna kooperativna Banka AD  (XMAE:CKB) 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)

Centralna kooperativna Banka AD Beta Related Terms

Centralna kooperativna Banka AD Beta Historical Data

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The historical data trend for Centralna kooperativna Banka AD'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.

Centralna kooperativna Banka AD Beta Chart

Centralna kooperativna Banka AD Annual Data
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Centralna kooperativna Banka AD Semi-Annual Data
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XMAE:CKB
23GF Score
Centralna kooperativna Banka AD XMAE:CKB
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Centralna kooperativna Banka AD 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.

Centralna kooperativna Banka AD Business Description

Address Street 1732 No. 2, Skopje, MKD, 1000
Centralna kooperativna Banka AD operates as a bank. The company's main functions are to accept deposits and provide loans to its customers.
23GF Score

Get the complete analysis for XMAE:CKB

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

MKD340.00
Price