Strata Minerals (ASX:SMX) Beta: 0.7748 (As of Jun. 26, 2026)


What is Strata Minerals Beta?

Strata Minerals ASX:SMX Beta is 0.7748 as of Jun. 26, 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 (2026-06-26), Strata Minerals's Beta is 0.7748.

Strata Minerals  (ASX:SMX) 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)

Strata Minerals Beta Related Terms

Strata Minerals Beta Historical Data

* Premium members only.

The historical data trend for Strata Minerals'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.

Strata Minerals Beta Chart

Strata Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.27 0.02

Strata Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.27 -0.07 0.02 0.24

ASX:SMX vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Strata Minerals'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.

Strata Minerals Beta vs Metals & Mining Industry

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

* The bar in red indicates where Strata Minerals's Beta falls into.


Strata Minerals 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 0.7748 mean?
Strata Minerals (ASX:SMX) has a Beta of 0.7748 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Strata Minerals and its competitors.
Is Strata Minerals' Beta too high?
Strata Minerals' current Beta is 0.7748.
How does Strata Minerals' Beta compare to HL?
Strata Minerals' Beta of 0.7748 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 Strata Minerals and its competitors. Strata Minerals's current Beta is 0.7748. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strata Minerals stock overvalued right now?
Strata Minerals (ASX:SMX) has a current Beta of 0.7748. The current Beta is 0.7748. 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 Strata Minerals (ASX:SMX), the current Beta is 0.7748 as of Jun. 26, 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.

Strata Minerals Business Description

Address 191 St Georges Terrace, Level 5, Perth, WA, AUS, 6000
Strata Minerals Ltd is an exploration company focused on acquiring, exploring, and developing mineral projects in world-class jurisdictions. Its principal activities consist of exploration at mining projects, organized into one operating segment. The company's wholly owned Penny South, Elliot Lake, and Biranup projects are located in Western Australia and Canada. Exploration focuses on gold, uranium, and rare earths. Penny South is near a gold mine in Western Australia. Elliot Lake in Ontario has exploration underway for uranium and rare earths.