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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-02), Hagag Group Real Estate Development's Beta is 2.1423.
Hagag Group Real Estate Development (XTAE:HGG) 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)
Hagag Group Real Estate Development Beta Related Terms
Hagag Group Real Estate Development Beta Historical Data
* 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.
For the Real Estate Services subindustry, Hagag Group Real Estate Development'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.
Hagag Group Real Estate Development Beta vs Real Estate Industry
Hagag Group Real Estate Development 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.
Hagag Group Real Estate Development (XTAE:HGG) has a Beta of 2.1423 as of Aug. 02, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hagag Group Real Estate Development and its competitors.
Is Hagag Group Real Estate Development's Beta too high?
Hagag Group Real Estate Development's current Beta is 2.1423. Overall, Hagag Group Real Estate Development has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagag Group Real Estate Development's Beta compare to CBRE and BEKE?
Hagag Group Real Estate Development's Beta of 2.1423 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Real Estate company?
A good Beta depends on the Real Estate industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hagag Group Real Estate Development and its competitors. Hagag Group Real Estate Development's current Beta is 2.1423. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagag Group Real Estate Development stock overvalued right now?
Based on GuruFocus' analysis, Hagag Group Real Estate Development (XTAE:HGG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₪19.20, compared to a current price of ₪21.68 — trading 12.9% above its estimated fair value. The current Beta is 2.1423. Hagag Group Real Estate Development's overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Hagag Group Real Estate Development (XTAE:HGG), the current Beta is 2.1423 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hagag Group Real Estate Development (XTAE:HGG) Overvalued in 2026?
Based on GuruFocus' analysis, Hagag Group Real Estate Development stock appears to be overvalued.
The current stock price of ₪21.68 is trading 12.9% above its estimated GF Value™ of ₪19.20.
GuruFocus considers Hagag Group Real Estate Development to be Modestly Overvalued.
Key valuation signals for XTAE:HGG:
Beta: 2.1423
GF Value™: ₪19.20 vs. price of ₪21.68 (12.9% above fair value)
No single metric tells the full story. See the XTAE:HGG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower.
70GF Score
Get the complete analysis for XTAE:HGG
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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