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Beyon 3D (XTAE:BYON) Beta : N/A (As of Jun. 05, 2024)


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What is Beyon 3D Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-05), Beyon 3D's Beta is Not available.


Beyon 3D Beta Historical Data

The historical data trend for Beyon 3D'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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Beyon 3D Beta Chart

Beyon 3D Annual Data
Trend
Beta

Beyon 3D Semi-Annual Data
Beta

Competitive Comparison of Beyon 3D's Beta

For the Building Products & Equipment subindustry, Beyon 3D'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.


Beyon 3D's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beyon 3D's Beta distribution charts can be found below:

* The bar in red indicates where Beyon 3D's Beta falls into.



Beyon 3D 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.


Beyon 3D  (XTAE:BYON) 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)


Beyon 3D Beta Related Terms

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Beyon 3D (XTAE:BYON) Business Description

Traded in Other Exchanges
N/A
Address
Maskit 6, Herzelia Pituach, ISR, 4673306
Beyon 3D Ltd is developing a robotic system to create concrete products for the construction industry. It has completed its pioneering technology, reinventing the process of design and manufacturing of innovative constructive and decorative building products, redefining quality and aesthetics in the field.