CHJI (China Changjiang Mining & New Energy Co) Beta: -8.3779 (As of Jul. 10, 2026)


What is China Changjiang Mining & New Energy Co Beta?

China Changjiang Mining & New Energy Co CHJI Beta is -8.3779 as of Jul. 10, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-10), China Changjiang Mining & New Energy Co's Beta is -8.3779.

China Changjiang Mining & New Energy Co  (OTCPK:CHJI) 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)

China Changjiang Mining & New Energy Co Beta Related Terms

China Changjiang Mining & New Energy Co Beta Historical Data

* Premium members only.

The historical data trend for China Changjiang Mining & New Energy Co'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.

China Changjiang Mining & New Energy Co Beta Chart

China Changjiang Mining & New Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.01 -0.17 -1.30 -1.62 -2.69

China Changjiang Mining & New Energy Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.62 -1.20 -0.61 -1.99 -2.69

CHJI vs GSLR, SING, SUNWQ: Beta Comparison

For the Solar subindustry, China Changjiang Mining & New Energy Co'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.

China Changjiang Mining & New Energy Co Beta vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Changjiang Mining & New Energy Co's Beta distribution charts can be found below:

* The bar in red indicates where China Changjiang Mining & New Energy Co's Beta falls into.


China Changjiang Mining & New Energy Co 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 -8.3779 mean?
China Changjiang Mining & New Energy Co (CHJI) has a Beta of -8.3779 as of Jul. 10, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Changjiang Mining & New Energy Co and its competitors.
Is China Changjiang Mining & New Energy Co's Beta too high?
China Changjiang Mining & New Energy Co's current Beta is -8.3779.
How does China Changjiang Mining & New Energy Co's Beta compare to GSLR and SING?
China Changjiang Mining & New Energy Co's Beta of -8.3779 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Beta depends on the Semiconductors 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 China Changjiang Mining & New Energy Co and its competitors. China Changjiang Mining & New Energy Co's current Beta is -8.3779. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Changjiang Mining & New Energy Co stock overvalued right now?
China Changjiang Mining & New Energy Co (CHJI) has a current Beta of -8.3779. The current Beta is -8.3779. 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 China Changjiang Mining & New Energy Co (CHJI), the current Beta is -8.3779 as of Jul. 10, 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.

China Changjiang Mining & New Energy Co Business Description

Address No. 1038 West Nanjing Road, 37th Floor, Jing’An District, Shanghai, CHN, 200041
China Changjiang Mining & New Energy Co Ltd designs, engineers, constructs, markets, and sells photovoltaic (PV) energy facilities for commercial and utility applications to local markets. It is engaged in the development and operation of engineering, procurement, and construction contractors of solar PV energy facilities.