Clean Motion AB (FRA:66M) Beta: 62.1647 (As of Jun. 25, 2026)


What is Clean Motion AB Beta?

Clean Motion AB FRA:66M Beta is 62.1647 as of Jun. 25, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Clean Motion AB's Beta is 62.1647.

Clean Motion AB  (FRA:66M) 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)

Clean Motion AB Beta Related Terms

Clean Motion AB Beta Historical Data

* Premium members only.

The historical data trend for Clean Motion AB'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.

Clean Motion AB Beta Chart

Clean Motion AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.39 -1.54 -0.73 149.34

Clean Motion AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -7.33 1.40 -5.25 149.34 101.34

FRA:66M vs TSLA, GM, F: Beta Comparison

For the Auto Manufacturers subindustry, Clean Motion AB's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Clean Motion AB Beta vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Clean Motion AB's Beta distribution charts can be found below:

* The bar in red indicates where Clean Motion AB's Beta falls into.


Clean Motion AB 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 62.1647 mean?
Clean Motion AB (FRA:66M) has a Beta of 62.1647 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Clean Motion AB and its competitors.
Is Clean Motion AB's Beta too high?
Clean Motion AB's current Beta is 62.1647.
How does Clean Motion AB's Beta compare to TSLA and GM?
Clean Motion AB's Beta of 62.1647 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Vehicles & Parts company?
A good Beta depends on the Vehicles & Parts industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Clean Motion AB and its competitors. Clean Motion AB's current Beta is 62.1647. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Motion AB stock overvalued right now?
Clean Motion AB (FRA:66M) has a current Beta of 62.1647. The current Beta is 62.1647. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Clean Motion AB (FRA:66M), the current Beta is 62.1647 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clean Motion AB Business Description

Other Exchanges CLEMO:Sweden
Address Fabriksstraket 3, Jonsered, Gothenburg, SWE, 433 76
Clean Motion AB is engaged in developing and manufacturing of electric vehicle for short distance transportation of up to three people and smaller goods. The company's product includes Zbee which is available in two versions, standard RS, and Cargo.