HDNRF (HomeCo Daily Needs REIT) Beta: -0.0690 (As of Jul. 06, 2026)


HDNRF HomeCo Daily Needs REIT HDNRF
60 GF Score
Price $0.79
GF Value $0.75
! 7 Warning Signs
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What is HomeCo Daily Needs REIT Beta?

HomeCo Daily Needs REIT HDNRF 60 Beta is -0.0690 as of Jul. 06, 2026. GuruFocus rates HDNRF with a GF Score™ of 60/100 and a GF Value™ of $0.75. The stock has 7 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-06), HomeCo Daily Needs REIT's Beta is -0.0690.

HomeCo Daily Needs REIT  (OTCPK:HDNRF) 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)

HomeCo Daily Needs REIT Beta Related Terms

HomeCo Daily Needs REIT Beta Historical Data

* Premium members only.

The historical data trend for HomeCo Daily Needs REIT'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.

HomeCo Daily Needs REIT Beta Chart

HomeCo Daily Needs REIT Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.66

HomeCo Daily Needs REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.66 0.19

HDNRF vs SPG, O, KIM: Beta Comparison

For the REIT - Retail subindustry, HomeCo Daily Needs REIT'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.

HomeCo Daily Needs REIT Beta vs REITs Industry

For the REITs industry and Real Estate sector, HomeCo Daily Needs REIT's Beta distribution charts can be found below:

* The bar in red indicates where HomeCo Daily Needs REIT's Beta falls into.


HDNRF
60GF Score
HomeCo Daily Needs REIT HDNRF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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HomeCo Daily Needs REIT 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 -0.0690 mean?
HomeCo Daily Needs REIT (HDNRF) has a Beta of -0.0690 as of Jul. 06, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HomeCo Daily Needs REIT and its competitors.
Is HomeCo Daily Needs REIT's Beta too high?
HomeCo Daily Needs REIT's current Beta is -0.0690. Overall, HomeCo Daily Needs REIT has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does HomeCo Daily Needs REIT's Beta compare to SPG and O?
HomeCo Daily Needs REIT's Beta of -0.0690 can be compared against companies in the REITs 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 REITs company?
A good Beta depends on the REITs 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 HomeCo Daily Needs REIT and its competitors. HomeCo Daily Needs REIT's current Beta is -0.0690. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HomeCo Daily Needs REIT stock overvalued right now?
HomeCo Daily Needs REIT (HDNRF) has a current Beta of -0.0690. The stock's GF Value™ is $0.75, compared to a current price of $0.79 — trading 5.5% above its estimated fair value. The current Beta is -0.0690. HomeCo Daily Needs REIT's overall GF Score™ is 60/100 with 7 warning signs to review. 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 HomeCo Daily Needs REIT (HDNRF), the current Beta is -0.0690 as of Jul. 06, 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.

Is HomeCo Daily Needs REIT (HDNRF) Overvalued in 2026?

Based on GuruFocus' analysis, HomeCo Daily Needs REIT stock appears to be overvalued. The current stock price of $0.79 is trading 5.5% above its estimated GF Value™ of $0.75.

Key valuation signals for HDNRF:

  • Beta: -0.0690
  • GF Value™: $0.75 vs. price of $0.79 (5.5% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the HDNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HomeCo Daily Needs REIT Business Description

Industry Real EstateREITs
Other Exchanges HDN:Australia
Address Gateway, Level 7, 1 Macquarie Place, Sydney, NSW, AUS, 2000
HomeCo Daily Needs REIT is a listed investment trust established and managed by HMC Capital, an ASX-listed alternative asset manager. HMC receives fees from HomeCo in exchange for property, investment, and development management services, and retains a minority interest in the REIT. HomeCo focuses on convenience-based assets that offer everyday goods and services, such as supermarkets, liquor stores, pharmacies, childcare, government and general services. Its portfolio also has a significant weighting to large format retail—a subsector that specializes in furniture, electrical appliances, and other homemaker offerings. Majority of HomeCo's leases has fixed annual rate increases, and a smaller proportion are inflation-linked, with the rest commensurate with supermarket turnover.
60GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.79
Price
$0.75
GF Value