DRNG (Drone Guarder) Beta: 3.0011 (As of Jun. 27, 2026)


What is Drone Guarder Beta?

Drone Guarder DRNG Beta is 3.0011 as of Jun. 27, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Drone Guarder's Beta is 3.0011.

Drone Guarder  (OTCPK:DRNG) 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)

Drone Guarder Beta Related Terms

Drone Guarder Beta Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Beta Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 9.91

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 11.39 9.91 8.24 7.00 9.63

DRNG vs BLPG, VII, HCGS: Beta Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.

Drone Guarder Beta vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Beta distribution charts can be found below:

* The bar in red indicates where Drone Guarder's Beta falls into.


Drone Guarder 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 3.0011 mean?
Drone Guarder (DRNG) has a Beta of 3.0011 as of Jun. 27, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Drone Guarder and its competitors.
Is Drone Guarder's Beta too high?
Drone Guarder's current Beta is 3.0011.
How does Drone Guarder's Beta compare to BLPG and VII?
Drone Guarder's Beta of 3.0011 can be compared against companies in the Business Services 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 Business Services company?
A good Beta depends on the Business Services 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 Drone Guarder and its competitors. Drone Guarder's current Beta is 3.0011. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Beta of 3.0011. The current Beta is 3.0011. 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 Drone Guarder (DRNG), the current Beta is 3.0011 as of Jun. 27, 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.