Hoa Phat Group JSC: Levered/Unlevered Beta (HPG | VNM | Diversified Industrials) – Infront Analytics

Levered/Unlevered Beta of Hoa Phat Group JSC ( HPG | VNM)

Beta is a statistical measure that compares the volatility of a stock against the volatility of the broader market, which is typically measured by a reference market index. Since the market is the benchmark, the market’s beta is always 1. When a stock has a beta greater than 1, it means the stock is expected to increase by more than the market in up markets and decrease more than the market in down markets. Conversely, a stock with a beta lower than 1 is expected to rise less than the market when the market is moving up , but fall less than the market when the market is moving down. Despite being rare, a stock may have a negative beta, which means the stock moves opposite the general market trend.
Hoa Phat Group JSC shows a Beta of N/A.
This is significantly lower than 1. The volatility of Hoa Phat Group JSC according to this measure is significantly lower than the market volatility.