Heavy Rare Earths (ASX:HRE) Beta: 0.4290 (As of Jun. 24, 2026)


What is Heavy Rare Earths Beta?

Heavy Rare Earths ASX:HRE Beta is 0.4290 as of Jun. 24, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Heavy Rare Earths's Beta is 0.4290.

Heavy Rare Earths  (ASX:HRE) 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)

Heavy Rare Earths Beta Related Terms

Heavy Rare Earths Beta Historical Data

* Premium members only.

The historical data trend for Heavy Rare Earths'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.

Heavy Rare Earths Beta Chart

Heavy Rare Earths Annual Data
Trend Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00

Heavy Rare Earths Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.20

ASX:HRE vs UEC, LEU: Beta Comparison

For the Uranium subindustry, Heavy Rare Earths'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.

Heavy Rare Earths Beta vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Heavy Rare Earths's Beta distribution charts can be found below:

* The bar in red indicates where Heavy Rare Earths's Beta falls into.


Heavy Rare Earths 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.4290 mean?
Heavy Rare Earths (ASX:HRE) has a Beta of 0.4290 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Heavy Rare Earths and its competitors.
Is Heavy Rare Earths' Beta too high?
Heavy Rare Earths' current Beta is 0.4290.
How does Heavy Rare Earths' Beta compare to UEC and LEU?
Heavy Rare Earths' Beta of 0.4290 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Other Energy Sources company?
A good Beta depends on the Other Energy Sources industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Heavy Rare Earths and its competitors. Heavy Rare Earths's current Beta is 0.4290. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Rare Earths stock overvalued right now?
Heavy Rare Earths (ASX:HRE) has a current Beta of 0.4290. The current Beta is 0.4290. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Heavy Rare Earths (ASX:HRE), the current Beta is 0.4290 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Heavy Rare Earths Business Description

Address C/- JM Corporate Services, 459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Heavy Rare Earths Ltd is engaged in the evaluation and exploration of heavy rare earths and other resources at its areas of interest located in Western and Southern Australia. Its project portfolio includes: Radium Hill uranium critical minerals project, Prospect Hill uranium critical minerals project, Lake Namba Billeroo uranium project, Perenjori uranium project, Cowalinya rare earth project, and Duke project.