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Dolly Varden Silver (Dolly Varden Silver) Beta : 1.53 (As of Apr. 30, 2024)


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What is Dolly Varden Silver Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-30), Dolly Varden Silver's Beta is 1.53.


Dolly Varden Silver Beta Historical Data

The historical data trend for Dolly Varden Silver'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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Dolly Varden Silver Beta Chart

Dolly Varden Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 1.36 1.88 1.77 1.51

Dolly Varden Silver Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.59 1.77 1.98 1.37 1.51

Competitive Comparison of Dolly Varden Silver's Beta

For the Silver subindustry, Dolly Varden Silver'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.


Dolly Varden Silver's Beta Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dolly Varden Silver's Beta falls into.



Dolly Varden Silver 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.


Dolly Varden Silver  (OTCPK:DOLLF) 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)


Dolly Varden Silver Beta Related Terms

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Dolly Varden Silver (Dolly Varden Silver) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
Dolly Varden Silver Corp is a mineral exploration company. The company's primary business is the acquisition, exploration, evaluation, and development of exploration and evaluation assets. It is focused on the exploration of the Dolly Varden Silver property located in Northwestern British Columbia, Canada. The Dolly Varden Project contains the core of the Dolly Varden Mining Camp north of Alice Arm, within the Stewart Complex in northwestern British Columbia. The Dolly Varden Project consists of an area of approximately 8,800 hectares.