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Edgars Stores (XZIM:EDGR.ZW) Beta : N/A (As of Apr. 22, 2025)


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What is Edgars Stores Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-22), Edgars Stores's Beta is Not available.


Edgars Stores Beta Historical Data

The historical data trend for Edgars Stores'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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Edgars Stores Beta Chart

Edgars Stores Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Beta
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Edgars Stores Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun23 Jun24
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Competitive Comparison of Edgars Stores's Beta

For the Apparel Retail subindustry, Edgars Stores'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.


Edgars Stores's Beta Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Edgars Stores's Beta distribution charts can be found below:

* The bar in red indicates where Edgars Stores's Beta falls into.


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Edgars Stores 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.


Edgars Stores  (XZIM:EDGR.ZW) 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)


Edgars Stores Beta Related Terms

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Edgars Stores Business Description

Traded in Other Exchanges
N/A
Address
77 Jason Moyo Avenue, ZB Life Towers 15th Floor, corner Sam Nujoma & Speke Avenue, Harare, ZWE
Edgars Stores Ltd retails clothing, footwear, textiles, and accessories in Zimbabwe. The company also manufactures and sells a range of denim, as well as ladies', children's, and gents' casual wear to other retailers. The company has classified its products and services into six operating segments namely Retailing, Edgars, Jet, Manufacturing, Micro Finance Club points, and Financial Services. The majority of the revenue is generated from Edgars. Its operations are spread across Zimbabwe.

Edgars Stores Headlines

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