Carnaby Resources (FRA:1FI) Beta: N/A (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:1FI Carnaby Resources Ltd FRA:1FI
22 GF Score
Price €0.32
! 1 Warning Sign
View Full Analysis

What is Carnaby Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-15), Carnaby Resources's Beta is Not available.

Carnaby Resources  (FRA:1FI) 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)

Carnaby Resources Beta Related Terms

Carnaby Resources Beta Historical Data

* Premium members only.

The historical data trend for Carnaby 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.

Carnaby Resources Beta Chart

Carnaby Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Carnaby Resources Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00
FRA:1FI
22GF Score
Carnaby Resources Ltd FRA:1FI
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carnaby 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.

Carnaby Resources Business Description

Other Exchanges CNB:Australia
Address 78 Churchill Avenue, Subiaco, Perth, WA, AUS, 6008
Carnaby Resources Ltd is an Australia-based mineral exploration company. It is engaged in acquiring, exploring, and developing gold and other mineral deposits. Its projects are located in established mining provinces of the Mount Isa Inlier of Queensland and the Pilbara and Yilgarn Margin of Western Australia. Some of the projects in which the company is engaged are the Greater Duchess Copper and Gold Project, Strelley Gold Project, Hemi Gold Deposit, Big Hill Gold and Lithium, Malmac, Throssel, Pardoo Gold and Lithium, Devoncourt, and Mount Grant Gold and Lithium project among others.
22GF Score

Get the complete analysis for FRA:1FI

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

€0.32
Price