Abacus Property Stapled Securities Beta
What is the Beta of Abacus Property Stapled Securities?
The Beta of Abacus Property Group Stapled Securities is 0.93
What is the definition of Beta?
BETA indicates whether a stock is more or less volatile than the market as a whole. A beta less than 1 indicates that the stock is less volatile than the market, while a beta more than 1 indicates that the stock is more volatile. Volatility is measured as the fluctuation of the price around the mean.
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.
Beta of companies in the Real Estate sector on ASX compared to Abacus Property Stapled Securities
What does Abacus Property Stapled Securities do?
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
Companies with beta similar to Abacus Property Stapled Securities
- Waters has Beta of 0.93
- Sherwin-Williams Co has Beta of 0.93
- Planet Fitness Inc has Beta of 0.93
- Vinyl Chemicals (India) has Beta of 0.93
- Thangamayil Jewellery has Beta of 0.93
- HPL Electric & Power has Beta of 0.93
- Abacus Property Stapled Securities has Beta of 0.93
- CGI Inc has Beta of 0.93
- Trisura has Beta of 0.93
- GMP Capital has Beta of 0.93
- Jutal Offshore Oil Services has Beta of 0.93
- Nordson has Beta of 0.93
- Cae has Beta of 0.93