NLB Banka a.d. Skopje (XMAE:TNB) Beta: N/A (As of Jun. 28, 2026)


XMAE:TNB NLB Banka a.d. Skopje XMAE:TNB
72 GF Score
Price MKD53,999.00
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What is NLB Banka a.d. Skopje Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), NLB Banka a.d. Skopje's Beta is Not available.

NLB Banka a.d. Skopje  (XMAE:TNB) 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)

NLB Banka a.d. Skopje Beta Related Terms

NLB Banka a.d. Skopje Beta Historical Data

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The historical data trend for NLB Banka a.d. Skopje'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.

NLB Banka a.d. Skopje Beta Chart

NLB Banka a.d. Skopje Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NLB Banka a.d. Skopje Quarterly Data
Sep19 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
XMAE:TNB
72GF Score
NLB Banka a.d. Skopje XMAE:TNB
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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NLB Banka a.d. Skopje 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.

NLB Banka a.d. Skopje Business Description

Address Majka Tereza No.1, Skopje, MKD, 1000
NLB Banka a.d. Skopje is a bank in the Republic of Macedonia. It provides general banking services like accepting deposits, granting loans and advances, foreign exchange, asset management, retail banking services, brokerage services, custody services, and many others. The bank operates in the Republic of Macedonia, EU countries, Non-EU countries in Europe, and other countries.
72GF Score

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

MKD53,999.00
Price