Lithium Energi Exploration (HAM:L09) Beta: -0.2344 (As of Jun. 25, 2026)


What is Lithium Energi Exploration Beta?

Lithium Energi Exploration HAM:L09 Beta is -0.2344 as of Jun. 25, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Lithium Energi Exploration's Beta is -0.2344.

Lithium Energi Exploration  (HAM:L09) 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)

Lithium Energi Exploration Beta Related Terms

Lithium Energi Exploration Beta Historical Data

* Premium members only.

The historical data trend for Lithium Energi Exploration'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.

Lithium Energi Exploration Beta Chart

Lithium Energi Exploration Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.06 -0.66 -0.01 0.89

Lithium Energi Exploration Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.72 0.89 0.73 0.64 0.31

HAM:L09 vs WOLV: Beta Comparison

For the Other Industrial Metals & Mining subindustry, Lithium Energi Exploration'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.

Lithium Energi Exploration Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Energi Exploration's Beta distribution charts can be found below:

* The bar in red indicates where Lithium Energi Exploration's Beta falls into.


Lithium Energi Exploration 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 -0.2344 mean?
Lithium Energi Exploration (HAM:L09) has a Beta of -0.2344 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 Lithium Energi Exploration and its competitors.
Is Lithium Energi Exploration's Beta too high?
Lithium Energi Exploration's current Beta is -0.2344.
How does Lithium Energi Exploration's Beta compare to WOLV?
Lithium Energi Exploration's Beta of -0.2344 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 Lithium Energi Exploration and its competitors. Lithium Energi Exploration's current Beta is -0.2344. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Energi Exploration stock overvalued right now?
Lithium Energi Exploration (HAM:L09) has a current Beta of -0.2344. The current Beta is -0.2344. 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 Lithium Energi Exploration (HAM:L09), the current Beta is -0.2344 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.

Lithium Energi Exploration Business Description

Address 161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.