AGCZ (Andes Gold) Beta: -16240.2692 (As of Jun. 25, 2026)

Andes Gold  (OTCPK:AGCZ) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Andes Gold Beta Related Terms

The historical data trend for Andes Gold's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Andes Gold Beta Chart

Andes Gold Annual Data
	Trend	Dec94	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03
Beta		Get a 7-Day Free Trial					0.45	-0.81	-1.19	0.64	0.75

Andes Gold Quarterly Data
	Jun98	Sep98	Dec98	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03
Beta	Get a 7-Day Free Trial															0.64	1.87	1.27	1.24	0.75

Andes Gold Beta Competitor Comparison

For the Gold subindustry, Andes Gold's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Andes Gold Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Andes Gold's Beta distribution charts can be found below:

* The bar in red indicates where Andes Gold's Beta falls into.

Andes Gold Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Andes Gold Business Description