ETKR (Evolution Technology Resources) Beta: -53.8681 (As of Jun. 25, 2026)


What is Evolution Technology Resources Beta?

Evolution Technology Resources ETKR Beta is -53.8681 as of Jun. 25, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Evolution Technology Resources's Beta is -53.8681.

Evolution Technology Resources  (OTCPK:ETKR) 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)

Evolution Technology Resources Beta Related Terms

Evolution Technology Resources Beta Historical Data

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The historical data trend for Evolution Technology Resources'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.

Evolution Technology Resources Beta Chart

Evolution Technology Resources Annual Data
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Evolution Technology Resources Quarterly Data
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ETKR vs WODI, BMMCF, ITRK: Beta Comparison

For the Specialty Business Services subindustry, Evolution Technology Resources'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.

Evolution Technology Resources Beta vs Business Services Industry

For the Business Services industry and Industrials sector, Evolution Technology Resources's Beta distribution charts can be found below:

* The bar in red indicates where Evolution Technology Resources's Beta falls into.


Evolution Technology Resources 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 -53.8681 mean?
Evolution Technology Resources (ETKR) has a Beta of -53.8681 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Evolution Technology Resources and its competitors.
Is Evolution Technology Resources' Beta too high?
Evolution Technology Resources' current Beta is -53.8681.
How does Evolution Technology Resources' Beta compare to WODI and BMMCF?
Evolution Technology Resources' Beta of -53.8681 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 Evolution Technology Resources and its competitors. Evolution Technology Resources's current Beta is -53.8681. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Technology Resources stock overvalued right now?
Evolution Technology Resources (ETKR) has a current Beta of -53.8681. The current Beta is -53.8681. 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 Evolution Technology Resources (ETKR), the current Beta is -53.8681 as of Jun. 25, 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.

Evolution Technology Resources Business Description

Address 670 Highway 7 E, Unit 49, Richmond Hill, ON, CAN, L4B 3P2
Evolution Technology Resources Inc is a business development company focused on acquiring intellectual property and assets of the Cloud Computing, Media and Technology, Online Casinos and Social Gaming Sectors.