Lunnon Metals (FRA:3JI) Beta: N/A (As of Jul. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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FRA:3JI Lunnon Metals Ltd FRA:3JI
22 GF Score
Price €0.17
! 1 Warning Sign
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What is Lunnon Metals Beta?

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


Lunnon Metals  (FRA:3JI) 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)


Lunnon Metals Beta Related Terms


Lunnon Metals Beta Historical Data

* Premium members only.

The historical data trend for Lunnon 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.

Lunnon Metals Beta Chart

Lunnon Metals Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.00 0.00

Lunnon Metals Semi-Annual Data
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 0.00 0.00 0.00 0.00 0.00
FRA:3JI
22GF Score
Lunnon Metals Ltd FRA:3JI
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Lunnon 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.


Lunnon Metals Business Description

Other Exchanges LM8:Australia
Address 33 Richardson Street, Suite 10, Level 3, West Perth, WA, AUS, 6005
Lunnon Metals Ltd is an Australian mineral exploration and development company focusing on nickel and gold. Its principal area of activity is the Kambalda Nickel Project in Western Australia, which includes multiple contiguous mining leases. The company holds mineral rights for nickel and gold in this region and engages in exploration to identify and develop these resources.
22GF Score

Get the complete analysis for FRA:3JI

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

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