Sectoral Beta


Sectoral Beta of Bank = 0.958581203359     Sectoral Beta Interpretation
B < 0

The stock moves contrary to the market in an inverse relationship. As the market increases, the value of this stock is expected to decrease. While this relationship theoretically exists, few stocks possess a negative beta. One example of an investment with negative beta is gold.

B = 0

The stock’s returns are unrelated to market moves.

0 < B < 1

The stock is expected to move more slowly than the market. If the market rises, this stock should also rise but not as drastically as the market; likewise if the market falls, this stock is expected to be less volatile than the market.
B = 1

The stock should move in a manner very similar to the market as a whole.
B > 1

The stock has proven over time to be more volatile than the market. As the market rises, this stock should rise at a higher rate. Likewise, a more severe loss is anticipated in the event the market falls.
  • Particular script’s weight has been calculated through their market cap. So number of securities and current closing price will be updated time to time.
  • Particular script’s beta has been calculated by dividing the Covariance between stock return and market return by Variance of market return.
  • Some sector has single script so the sctoral beta will be the script’s beta.

Data that are used to calculate the Sectoral Beta

Company Name Individual Beta
CITYBANK 1.00803846327
ABBANK 0.973673067681
IFIC 1.03626084164
ISLAMIBANK 0.648757855235
NBL 1.01207022588
PUBALIBANK 1.04797761007
RUPALIBANK 0.734186639871
UCBL 1.32331397611
UTTARABANK 1.16250192096
EBL 1.10493746418
ALARABANK 0.962145010652
PRIMEBANK 0.93025041683
SOUTHEASTB 1.0355749607
DHAKABANK 0.973344074073
NCCBANK 1.0627142391
SIBL 0.845240270011
DUTCHBANGL 1.00289942242
MTBL 0.940400938478
STANDBANKL 1.05073324747
ONEBANKLTD 1.09034258995
BANKASIA 0.798324716206
MERCANBANK 1.07248611389
EXIMBANK 0.962381829596
ICBIBANK 0.67549519248
JAMUNABANK 1.08944614357
PREMIERBAN 1.10549570455
SHAHJABANK 1.00162512048
BRACBANK 0.840629689155
TRUSTBANK 0.966240305098
FIRSTSBANK 0.972275729644

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