Black Canyon (FRA:5Z2) Beta: N/A (As of Jul. 02, 2026)


FRA:5Z2 Black Canyon Ltd FRA:5Z2
40 GF Score
Price €0.21
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What is Black Canyon Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-02), Black Canyon's Beta is Not available.

Black Canyon  (FRA:5Z2) 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)

Black Canyon Beta Related Terms

Black Canyon Beta Historical Data

* Premium members only.

The historical data trend for Black Canyon'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.

Black Canyon Beta Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.00 0.00

Black Canyon 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:5Z2
40GF Score
Black Canyon Ltd FRA:5Z2
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Canyon 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.

Black Canyon Business Description

Other Exchanges BCA:Australia
Address 35 Richardson Street, West Perth, Perth, WA, AUS, 6005
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. The company's project includes the Fig Tree project, the Wandanya project, the KR1/KR2 projects, and the Oakover West project. Geographically, the company operates within Australia.
40GF 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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