Persistence Gold Group (HKSE:02489) Beta: N/A (As of Jun. 28, 2026)


HKSE:02489 Persistence Gold Group Ltd HKSE:02489
48 GF Score
Price HK$0.65
! 4 Warning Signs
View Full Analysis

What is Persistence Gold Group Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Persistence Gold Group's Beta is Not available.

Persistence Gold Group  (HKSE:02489) 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)

Persistence Gold Group Beta Related Terms

Persistence Gold Group Beta Historical Data

* Premium members only.

The historical data trend for Persistence Gold Group'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.

Persistence Gold Group Beta Chart

Persistence Gold Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Persistence Gold Group Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial 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
HKSE:02489
48GF Score
Persistence Gold Group Ltd HKSE:02489
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Persistence Gold Group 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.

Persistence Gold Group Business Description

Address 199 Des Voeux Road Central, Level 20, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
48GF Score

Get the complete analysis for HKSE:02489

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

HK$0.65
Price