Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Coinbase Global's Beta is 0.7667.
Coinbase Global (MEX:COIN) 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)
Coinbase Global Beta Related Terms
Coinbase Global Beta Historical Data
* Premium members only.
The historical data trend for Coinbase Global'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.
For the Financial Data & Stock Exchanges subindustry, Coinbase Global'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.
Coinbase Global Beta vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Coinbase Global's Beta distribution charts can be found below:
* The bar in red indicates where Coinbase Global's Beta falls into.
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.
Coinbase Global (MEX:COIN) has a Beta of 0.7667 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Coinbase Global and its competitors.
Is Coinbase Global's Beta too high?
Coinbase Global's current Beta is 0.7667. Overall, Coinbase Global has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Beta compare to NDAQ and MSCI?
Coinbase Global's Beta of 0.7667 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Beta depends on the Capital Markets 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 Coinbase Global and its competitors. Coinbase Global's current Beta is 0.7667. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Based on GuruFocus' analysis, Coinbase Global (MEX:COIN) is currently considered Possible Value Trap. The stock's GF Value™ is MXN4,302.61, compared to a current price of MXN2,614.00 — trading 39.2% below its estimated fair value. The current Beta is 0.7667. Coinbase Global's overall GF Score™ is 74/100 with 10 warning signs to review. 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 Coinbase Global (MEX:COIN), the current Beta is 0.7667 as of Jun. 26, 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.
Is Coinbase Global (MEX:COIN) Overvalued in 2026?
Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued.
The current stock price of MXN2,614.00 is trading 39.2% below its estimated GF Value™ of MXN4,302.61.
GuruFocus considers Coinbase Global to be Possible Value Trap.
Key valuation signals for MEX:COIN:
Beta: 0.7667
GF Value™: MXN4,302.61 vs. price of MXN2,614.00 (39.2% below fair value)
No single metric tells the full story. See the MEX:COIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
74GF Score
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