Estrella Resources (FRA:Z7M) Beta: N/A (As of Jul. 11, 2026)


What is Estrella Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-11), Estrella Resources's Beta is Not available.

Estrella Resources  (FRA:Z7M) 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)

Estrella Resources Beta Related Terms

Estrella Resources Beta Historical Data

* Premium members only.

The historical data trend for Estrella 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.

Estrella Resources Beta Chart

Estrella Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
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Estrella Resources 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

Estrella 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.

Estrella Resources Business Description

Other Exchanges ESR:Australia
Address 216 Street Georges Terrace, Level 8, Perth, WA, AUS, 6000
Estrella Resources Ltd is a minerals exploration and development company operating prominently in Western Australia and Timor-Leste. The company focuses on exploring and advancing nickel and manganese projects, including notable assets such as the Carr Boyd Nickel Project and Spargoville Project. The company operates in one business segment being exploration for mineral resources.