CNVIF (Conavi Medical) Beta: N/A (As of Jul. 02, 2026)


CNVIF Conavi Medical Corp CNVIF
4 GF Score
Price $0.18
! 5 Warning Signs
View Full Analysis

What is Conavi Medical Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-02), Conavi Medical's Beta is Not available.

Conavi Medical  (OTCPK:CNVIF) 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)

Conavi Medical Beta Related Terms

Conavi Medical Beta Historical Data

* Premium members only.

The historical data trend for Conavi Medical'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.

Conavi Medical Beta Chart

Conavi Medical Annual Data
Trend Sep24 Sep25
Beta
0.00 0.00

Conavi Medical Quarterly Data
Sep23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00
CNVIF
4GF Score
Conavi Medical Corp CNVIF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conavi Medical 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.

Conavi Medical Business Description

Other Exchanges CNVI:Canada
Address 293 Lesmill Road, Toronto, ON, CAN, M3B 2V1
Conavi Medical Corp is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its Novasight Hybrid System is the first system to combine both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries.
4GF Score

Get the complete analysis for CNVIF

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.18
Price