GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Plazza AG (XSWX:PLAN) » Definitions » Beta

Plazza AG (XSWX:PLAN) Beta : 0.22 (As of Apr. 29, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Plazza AG Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-29), Plazza AG's Beta is 0.22.


Plazza AG Beta Historical Data

The historical data trend for Plazza AG'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.

* Premium members only.

Plazza AG Beta Chart

Plazza AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Beta
Get a 7-Day Free Trial Premium Member Only 0.20 0.18 0.20 0.14 0.24

Plazza AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.20 0.17 0.14 0.27 0.24

Competitive Comparison of Plazza AG's Beta

For the Real Estate Services subindustry, Plazza AG'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.


Plazza AG's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Plazza AG's Beta distribution charts can be found below:

* The bar in red indicates where Plazza AG's Beta falls into.



Plazza AG 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.


Plazza AG  (XSWX:PLAN) 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)


Plazza AG Beta Related Terms

Thank you for viewing the detailed overview of Plazza AG's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Plazza AG (XSWX:PLAN) Business Description

Traded in Other Exchanges
Address
Sieberstrasse 5, Zurich, CHE, 8055
Plazza AG is engaged in planning, building, managing and sell of real estate projects in Switzerland. The Company's portfolio include residential, commercial and office properties. Real estate investment business is engaged in buying and selling of all properties. It has projects in the economic centers of Zurich and Lausanne.

Plazza AG (XSWX:PLAN) Headlines

From GuruFocus

GLAZER CAPITAL, LLC Buys 4, Sells 1 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022