Afrika Gold AG (HAM:GOG) Beta: -2.0146 (As of Jul. 25, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
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What is Afrika Gold AG Beta?

Afrika Gold AG HAM:GOG 36 Beta is -2.0146 as of Jul. 25, 2026. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-25), Afrika Gold AG's Beta is -2.0146.

Afrika Gold AG  (HAM:GOG) 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)

Afrika Gold AG Beta Related Terms

Afrika Gold AG Beta Historical Data

* Premium members only.

The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Beta Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beta
Get a 7-Day Free Trial 1.44 1.30 0.32 -0.40 -2.28

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beta Get a 7-Day Free Trial 1.44 1.30 0.32 -0.40 -2.28

Afrika Gold AG Beta Competitor Comparison

For the Gold subindustry, Afrika Gold AG'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.

Afrika Gold AG Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Afrika Gold AG's Beta distribution charts can be found below:

* The bar in red indicates where Afrika Gold AG's Beta falls into.


HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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 -2.0146 mean?
Afrika Gold AG (HAM:GOG) has a Beta of -2.0146 as of Jul. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Afrika Gold AG and its competitors.
Is Afrika Gold AG's Beta too high?
Afrika Gold AG's current Beta is -2.0146. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Beta compare to competitors?
Afrika Gold AG's Beta of -2.0146 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 Afrika Gold AG and its competitors. Afrika Gold AG's current Beta is -2.0146. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Beta of -2.0146. The current Beta is -2.0146. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Beta is -2.0146 as of Jul. 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF 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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