Great Atlantic Resources (FRA:PH02) Beta: 39.1884 (As of Aug. 04, 2026)

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What is Great Atlantic Resources Beta?

Great Atlantic Resources FRA:PH02 +7.89% Beta is 39.1884 as of Aug. 04, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-04), Great Atlantic Resources's Beta is 39.1884.

Great Atlantic Resources  (FRA:PH02) 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)

Great Atlantic Resources Beta Related Terms

Great Atlantic Resources Beta Historical Data

* Premium members only.

The historical data trend for Great Atlantic Resources'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.

Great Atlantic Resources Beta Chart

Great Atlantic Resources Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 2.83 19.43 39.73 45.76

Great Atlantic Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 39.73 40.90 42.60 47.73 45.76

Great Atlantic Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Great Atlantic Resources'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.

Great Atlantic Resources Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Great Atlantic Resources's Beta distribution charts can be found below:

* The bar in red indicates where Great Atlantic Resources's Beta falls into.


Great Atlantic Resources 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 39.1884 mean?
Great Atlantic Resources (FRA:PH02) has a Beta of 39.1884 as of Aug. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Great Atlantic Resources and its competitors.
Is Great Atlantic Resources' Beta too high?
Great Atlantic Resources' current Beta is 39.1884.
How does Great Atlantic Resources' Beta compare to competitors?
Great Atlantic Resources' Beta of 39.1884 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Great Atlantic Resources and its competitors. Great Atlantic Resources's current Beta is 39.1884. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Atlantic Resources stock overvalued right now?
Great Atlantic Resources (FRA:PH02) has a current Beta of 39.1884. The current Beta is 39.1884. 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 Great Atlantic Resources (FRA:PH02), the current Beta is 39.1884 as of Aug. 04, 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.

Great Atlantic Resources Business Description

Other Exchanges GR:Canada
Address 888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Great Atlantic Resources Corp is engaged in acquiring, exploring, and evaluating its mineral property interests in Atlantic Canada. Principally, the company explores gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall Road, and Porcupine.