HPMM (Hemp Naturals) Beta: 0.7636 (As of Jul. 01, 2026)


What is Hemp Naturals Beta?

Hemp Naturals HPMM -95.00% Beta is 0.7636 as of Jul. 01, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), Hemp Naturals's Beta is 0.7636.

Hemp Naturals  (OTCPK:HPMM) 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)

Hemp Naturals Beta Related Terms

Hemp Naturals Beta Historical Data

* Premium members only.

The historical data trend for Hemp Naturals'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.

Hemp Naturals Beta Chart

Hemp Naturals Annual Data
Trend Nov15 Nov16 Nov17 Nov18
Beta
0.00 0.00 0.00 0.00

Hemp Naturals Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18
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

HPMM vs RDGL, NBGV, BKIT: Beta Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Hemp Naturals'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.

Hemp Naturals Beta vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hemp Naturals's Beta distribution charts can be found below:

* The bar in red indicates where Hemp Naturals's Beta falls into.


Hemp Naturals 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 0.7636 mean?
Hemp Naturals (HPMM) has a Beta of 0.7636 as of Jul. 01, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hemp Naturals and its competitors.
Is Hemp Naturals' Beta too high?
Hemp Naturals' current Beta is 0.7636.
How does Hemp Naturals' Beta compare to RDGL and NBGV?
Hemp Naturals' Beta of 0.7636 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beta depends on the Drug Manufacturers 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 Hemp Naturals and its competitors. Hemp Naturals's current Beta is 0.7636. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemp Naturals stock overvalued right now?
Hemp Naturals (HPMM) has a current Beta of 0.7636. The current Beta is 0.7636. 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 Hemp Naturals (HPMM), the current Beta is 0.7636 as of Jul. 01, 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.

Hemp Naturals Business Description

Address 7441 Route 9, Plattsburgh, NY, USA, 12901
Hemp Naturals Inc is a developmental stage company that plans to research, develop, acquire, and sell products made of industrial hemp. Its product offerings include a wide range of nutritional hemp health supplements, hemp drinks and foods, and beauty supply products.