HNOI (HNO International) Beta: -0.0216 (As of Jul. 08, 2026)


What is HNO International Beta?

HNO International HNOI +64.67% Beta is -0.0216 as of Jul. 08, 2026. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-08), HNO International's Beta is -0.0216.


HNO International  (OTCPK:HNOI) 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)


HNO International Beta Related Terms


HNO International Beta Historical Data

* Premium members only.

The historical data trend for HNO International'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.

HNO International Beta Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23 Oct24 Oct25
Beta
Get a 7-Day Free Trial Premium Member Only 0.00 2.13 -1.68 -1.16 -2.14

HNO International Quarterly Data
Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.32 -0.73 -2.14 -3.39 0.00

HNOI vs NEWH, NGTF, AUSI: Beta Comparison

For the Specialty Industrial Machinery subindustry, HNO International'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.


HNO International Beta vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, HNO International's Beta distribution charts can be found below:

* The bar in red indicates where HNO International's Beta falls into.



HNO International 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 -0.0216 mean?
HNO International (HNOI) has a Beta of -0.0216 as of Jul. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HNO International and its competitors.
Is HNO International's Beta too high?
HNO International's current Beta is -0.0216.
How does HNO International's Beta compare to NEWH and NGTF?
HNO International's Beta of -0.0216 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Beta depends on the Industrial Products 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 HNO International and its competitors. HNO International's current Beta is -0.0216. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HNO International stock overvalued right now?
HNO International (HNOI) has a current Beta of -0.0216. The current Beta is -0.0216. 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 HNO International (HNOI), the current Beta is -0.0216 as of Jul. 08, 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.

HNO International Business Description

Address 41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development of green hydrogen-based clean energy technologies for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term. The Company offers multiple products, including the Compact Hydrogen Refueling Station, Hydrogen Carbon Cleaner (HCC), and Scalable Hydrogen Energy Platform (SHEP).