Predictive Discovery (FRA:494) Beta: N/A (As of Jun. 24, 2026)


FRA:494 Predictive Discovery Ltd FRA:494
13 GF Score
Price €0.57
! 2 Warning Signs
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What is Predictive Discovery Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Predictive Discovery's Beta is Not available.

Predictive Discovery  (FRA:494) 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)

Predictive Discovery Beta Related Terms

Predictive Discovery Beta Historical Data

* Premium members only.

The historical data trend for Predictive Discovery'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.

Predictive Discovery Beta Chart

Predictive Discovery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
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Predictive Discovery Semi-Annual Data
Jun16 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 Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:494
13GF Score
Predictive Discovery Ltd FRA:494
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Predictive Discovery 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.

Predictive Discovery Business Description

Address 110 Hay Street, Suite 8, Subiaco, Perth, WA, AUS, 6008
Predictive Discovery Ltd is focused on discovering and developing gold deposits within the Siguiri Basin, Guinea. Its key asset is the Tier-1 Bankan Gold Project. A Mineral Resource has been defined to date at the NEB and BC deposits, making Bankan the gold discovery in West Africa in a decade. The group portfolio includes The Koundian Project, The Bankan Gold Project, Regional Exploration, and other projects. Its segment consists of Gold Guinea and Corporate.
13GF Score

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

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