KDKN (Kodiak Energy) Beta: -5.0220 (As of Jun. 25, 2026)

Kodiak Energy  (OTCPK:KDKN) 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)

Kodiak Energy Beta Related Terms

The historical data trend for Kodiak Energy'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.

Kodiak Energy Beta Chart

Kodiak Energy Annual Data
	Trend	Mar01	Mar02	Mar03	Mar04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Beta		Get a 7-Day Free Trial					-22.02	3.77	3.13	2.17	1.52

Kodiak Energy Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Beta	Get a 7-Day Free Trial															1.26	1.52	1.55	1.57	1.46

KDKN vs CPPXF, PVAHQ: Beta Comparison

For the Oil & Gas E&P subindustry, Kodiak Energy'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.

Kodiak Energy Beta vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kodiak Energy's Beta distribution charts can be found below:

* The bar in red indicates where Kodiak Energy's Beta falls into.

Kodiak Energy 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.

Kodiak Energy Business Description