/term/beta/XMAE:NOSK Nova Stokovna kuka AD (XMAE:NOSK) Beta
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Nova Stokovna kuka AD (XMAE:NOSK) Beta : N/A (As of Jun. 20, 2024)


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What is Nova Stokovna kuka AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-20), Nova Stokovna kuka AD's Beta is Not available.


Nova Stokovna kuka AD Beta Historical Data

The historical data trend for Nova Stokovna kuka 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.

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Nova Stokovna kuka AD Beta Chart

Nova Stokovna kuka AD Annual Data
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Nova Stokovna kuka AD Semi-Annual Data
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Competitive Comparison of Nova Stokovna kuka AD's Beta

For the Real Estate Services subindustry, Nova Stokovna kuka AD'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.


Nova Stokovna kuka AD's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nova Stokovna kuka AD's Beta distribution charts can be found below:

* The bar in red indicates where Nova Stokovna kuka AD's Beta falls into.



Nova Stokovna kuka 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.


Nova Stokovna kuka AD  (XMAE:NOSK) 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)


Nova Stokovna kuka AD Beta Related Terms

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Nova Stokovna kuka AD (XMAE:NOSK) Business Description

Traded in Other Exchanges
N/A
Address
Ul Blagoj Jankov-Muceto br.25, Strumica, MKD
Website
Nova Stokovna kuka AD is a real estate company. It is engaged in the management, rental, and leasing of real estate properties.

Nova Stokovna kuka AD (XMAE:NOSK) Headlines

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