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Rani Zim Shopping Centers (XTAE:RANI) Beta : N/A (As of Jun. 10, 2024)


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What is Rani Zim Shopping Centers Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-10), Rani Zim Shopping Centers's Beta is Not available.


Rani Zim Shopping Centers Beta Historical Data

The historical data trend for Rani Zim Shopping Centers'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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Rani Zim Shopping Centers Beta Chart

Rani Zim Shopping Centers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Rani Zim Shopping Centers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Rani Zim Shopping Centers's Beta

For the Real Estate - Diversified subindustry, Rani Zim Shopping Centers'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.


Rani Zim Shopping Centers's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rani Zim Shopping Centers's Beta distribution charts can be found below:

* The bar in red indicates where Rani Zim Shopping Centers's Beta falls into.



Rani Zim Shopping Centers 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.


Rani Zim Shopping Centers  (XTAE:RANI) 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)


Rani Zim Shopping Centers Beta Related Terms

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Rani Zim Shopping Centers (XTAE:RANI) Business Description

Traded in Other Exchanges
N/A
Address
Odem Holdings 11, Zim Centers, Rani Zim Group, Kiryat Matalon, Petah Tikva, ISR
Rani Zim Shopping Centers Ltd is engaged in the development, construction and management of shopping centers. It operates in the commercial real estate sector through Zim Center and in the retail sector through Office Depot. Its properties include shopping centers in Arad, Netivot, Beit She'an, Ma'alot.