Fujikura Ltd: Levered/Unlevered Beta (5803 | JPN | Electrical Components & Equipment) – Infront Analytics

Levered/Unlevered Beta of Fujikura Ltd ( 5803 | JPN)

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.
Fujikura Ltd shows a Beta of 1.55.
This is higher than 1. The volatility of Fujikura Ltd according to this measure is higher than the market volatility.