Nexcel Metals (FRA:2OH) Beta: N/A (As of Jun. 27, 2026)


FRA:2OH Nexcel Metals Corp FRA:2OH
13 GF Score
Price €0.46
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What is Nexcel Metals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Nexcel Metals's Beta is Not available.

Nexcel Metals  (FRA:2OH) 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)

Nexcel Metals Beta Related Terms

Nexcel Metals Beta Historical Data

* Premium members only.

The historical data trend for Nexcel Metals'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.

Nexcel Metals Beta Chart

Nexcel Metals Annual Data
Trend
Beta

Nexcel Metals Quarterly Data
Aug24 Nov24 May25 Aug25 Nov25
Beta 0.00 0.00 0.00 0.00 0.00
FRA:2OH
13GF Score
Nexcel Metals Corp FRA:2OH
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexcel Metals 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.

Nexcel Metals Business Description

Other Exchanges NEXX:Canada
Address 1050 West Pender Street, Suite 1710, Vancouver, BC, CAN, V6E 3S7
Nexcel Metals Corp is engaged in the exploration stage, currently focusing on exploration, evaluation, and development of mineral resource properties in Canada. Its projects includes Burnt Hill, and Lac Ducharme. The Company operates in one segment, with all assets and operations located in Canada.
13GF Score

Get the complete analysis for FRA:2OH

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

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