RITESH Beta

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RITESH PROPERTIES beta fundamental analysis lookup allows you to check this and other indicators for RITESH PROPERTIES INDUSTRIES or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools

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RITESH Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Ritesh Properties and Industries Ltd engages in the real estate business in India. Ritesh Properties and Industries Ltd was founded in 1987 and is headquartered in Ludhiana, India. RITESH PROPERTIES operates under Real Estate - General classification in India and is traded on Bombay Stock Exchange.
Beta 
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Covariance 
Variance 
More About Beta | All Equity Analysis

Current RITESH PROPERTIES INDUSTRIES Beta

1.08

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future. Compare to competition
In accordance with recently published financial statements RITESH PROPERTIES INDUSTRIES has Beta of 1.08. This is 50.0% higher than that of the Real Estate sector, and 25.58% higher than that of Real Estate - General industry, The Beta for all stocks is 820.0% lower than the firm.

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RITESH PROPERTIES returns are very sensitive to returns on the market. As market goes up or down, RITESH PROPERTIES is expected to follow.

RITESH Fundamentals



 
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