KWGBF (The Canadian Chrome Co) Beta: -2.9799 (As of Jul. 03, 2026)


What is The Canadian Chrome Co Beta?

The Canadian Chrome Co KWGBF Beta is -2.9799 as of Jul. 03, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-03), The Canadian Chrome Co's Beta is -2.9799.

The Canadian Chrome Co  (OTCPK:KWGBF) 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)

The Canadian Chrome Co Beta Related Terms

The Canadian Chrome Co Beta Historical Data

* Premium members only.

The historical data trend for The Canadian Chrome Co'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.

The Canadian Chrome Co Beta Chart

The Canadian Chrome Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -131.48 -76.88 3.24 3.96 -1.05

The Canadian Chrome Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 2.86 1.08 -1.05 -2.67

The Canadian Chrome Co Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, The Canadian Chrome Co'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.

The Canadian Chrome Co Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, The Canadian Chrome Co's Beta distribution charts can be found below:

* The bar in red indicates where The Canadian Chrome Co's Beta falls into.


The Canadian Chrome Co 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 -2.9799 mean?
The Canadian Chrome Co (KWGBF) has a Beta of -2.9799 as of Jul. 03, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for The Canadian Chrome Co and its competitors.
Is The Canadian Chrome Co's Beta too high?
The Canadian Chrome Co's current Beta is -2.9799.
How does The Canadian Chrome Co's Beta compare to competitors?
The Canadian Chrome Co's Beta of -2.9799 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 The Canadian Chrome Co and its competitors. The Canadian Chrome Co's current Beta is -2.9799. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Canadian Chrome Co stock overvalued right now?
The Canadian Chrome Co (KWGBF) has a current Beta of -2.9799. The current Beta is -2.9799. 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 The Canadian Chrome Co (KWGBF), the current Beta is -2.9799 as of Jul. 03, 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.

The Canadian Chrome Co Business Description

Other Exchanges CACR.A:CanadaCACR:Canada
Address 141 Adelaide Street West, Suite 240, Toronto, ON, CAN, M5H 3L5
The Canadian Chrome Co is involved in the acquisition, consolidation, exploration and evaluation of large-scale deposits of chromite and other base metals and minerals and in the development of such large-scale deposits including, where applicable, transportation links to access the remote areas where these are located. It has interests in properties located in Canada. It also has interests in certain technology relating to the production of chromium iron alloys. Its other properties include Spider No. 3 / McFaulds Lake, Big Daddy, Diagnos, Railroute Corridor, Black Horse Project, and Hornby Property. It operates in single reporting operating segment engaged principally in mineral exploration in Canada.