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CYMHF (Cymat Technologies) Beta : 1.35 (As of Jun. 21, 2025)


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What is Cymat Technologies Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-06-21), Cymat Technologies's Beta is 1.35.


Cymat Technologies Beta Historical Data

The historical data trend for Cymat Technologies'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.

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Cymat Technologies Beta Chart

Cymat Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 0.63 0.93 1.60 1.04

Cymat Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.86 1.04 0.95 0.85 0.94

Competitive Comparison of Cymat Technologies's Beta

For the Metal Fabrication subindustry, Cymat Technologies'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.


Cymat Technologies's Beta Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cymat Technologies's Beta distribution charts can be found below:

* The bar in red indicates where Cymat Technologies's Beta falls into.


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Cymat Technologies 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.


Cymat Technologies  (OTCPK:CYMHF) 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)


Cymat Technologies Beta Related Terms

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Cymat Technologies Business Description

Traded in Other Exchanges
Address
6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7
Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.