KENYF (Makenita Resources) Beta: N/A (As of Aug. 29, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KENYF Makenita Resources Inc KENYF
14 GF Score
Price $0.14
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What is Makenita Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-29), Makenita Resources's Beta is Not available.

Makenita Resources  (OTCPK:KENYF) 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)

Makenita Resources Beta Related Terms

Makenita Resources Beta Historical Data

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The historical data trend for Makenita Resources'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.

Makenita Resources Beta Chart

Makenita Resources Annual Data
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Makenita Resources Quarterly Data
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Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
KENYF
14GF Score
Makenita Resources Inc KENYF
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Makenita Resources 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.

Makenita Resources Business Description

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Other Exchanges 3HC:GermanyKENY:Canada
Address 700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y1K8
Makenita Resources Inc is engaged in acquiring and exploring exploration and evaluation assets. The company has an exploration and evaluation asset located in Canada. Its projects include the Ontario Hector Silver-Cobalt Project, the NTX Rare Earth Project, and the Sisson West Tungsten Project.
14GF Score

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