Koba Resources (ASX:KOB) Beta: 1.2344 (As of Jun. 24, 2026)


What is Koba Resources Beta?

Koba Resources ASX:KOB -6.67% Beta is 1.2344 as of Jun. 24, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Koba Resources's Beta is 1.2344.

Koba Resources  (ASX:KOB) 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)

Koba Resources Beta Related Terms

Koba Resources Beta Historical Data

* Premium members only.

The historical data trend for Koba Resources'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.

Koba Resources Beta Chart

Koba Resources Annual Data
Trend Jun23 Jun24
Beta
0.00 0.00

Koba Resources Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 1.81 1.29

ASX:KOB vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Koba Resources'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.

Koba Resources Beta vs Metals & Mining Industry

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

* The bar in red indicates where Koba Resources's Beta falls into.


Koba Resources 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 1.2344 mean?
Koba Resources (ASX:KOB) has a Beta of 1.2344 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 Koba Resources and its competitors.
Is Koba Resources' Beta too high?
Koba Resources' current Beta is 1.2344.
How does Koba Resources' Beta compare to HL?
Koba Resources' Beta of 1.2344 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Koba Resources and its competitors. Koba Resources's current Beta is 1.2344. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koba Resources stock overvalued right now?
Koba Resources (ASX:KOB) has a current Beta of 1.2344. The current Beta is 1.2344. 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 Koba Resources (ASX:KOB), the current Beta is 1.2344 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.

Koba Resources Business Description

Address 215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
Koba Resources Ltd is engaged in the exploration of minerals. The projects of the company include the Blackpine Cobalt-Copper and Colson Cobalt-Copper Project, Panther Cobalt-Copper Project, Elkhorn Cobalt Project located in the Idaho Cobalt Belt; Whitlock Lithium Project, JB1 Lithium Project located in Canada; and Python Lithium Project in Australia.