Sectoral Beta



Sectoral Beta of Bank = 1.21180583764     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
ABBANK 1.42876387557
CITYBANK 2.24207130396
IFIC 1.128229382
ISLAMIBANK 1.06558625351
NBL 1.23234329379
PUBALIBANK 0.690386361053
RUPALIBANK 1.17706378038
UCB 1.5853523731
UTTARABANK 1.47979548021
ICBIBANK 0.702895488175
EBL 0.852702095785
ALARABANK 1.33542596107
PRIMEBANK 1.2206834709
SOUTHEASTB 1.52208861571
DHAKABANK 1.3252567981
NCCBANK 1.54669006425
SIBL 1.22053358278
DUTCHBANGL 0.759239496752
MTB 0.94151428941
STANDBANKL 1.35470847627
ONEBANKLTD 1.73622372457
BANKASIA 0.896888539585
MERCANBANK 1.60667357147
EXIMBANK 1.34877206148
JAMUNABANK 1.38854509701
BRACBANK 0.759811131362
SHAHJABANK 1.21956439142
PREMIERBAN 1.2355890237
TRUSTBANK 1.25835698274
FIRSTSBANK 1.1663243117

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