MURCF (Lightspeed Discoveries) Beta: -0.1921 (As of Jul. 07, 2026)


What is Lightspeed Discoveries Beta?

Lightspeed Discoveries MURCF Beta is -0.1921 as of Jul. 07, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-07), Lightspeed Discoveries's Beta is -0.1921.

Lightspeed Discoveries  (OTCPK:MURCF) 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)

Lightspeed Discoveries Beta Related Terms

Lightspeed Discoveries Beta Historical Data

* Premium members only.

The historical data trend for Lightspeed Discoveries'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.

Lightspeed Discoveries Beta Chart

Lightspeed Discoveries 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 -1.15 -0.68 0.05 -0.09 -0.18

Lightspeed Discoveries 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 -0.09 -0.14 -0.11 -0.18 -0.27

Lightspeed Discoveries Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lightspeed Discoveries'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.

Lightspeed Discoveries Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lightspeed Discoveries's Beta distribution charts can be found below:

* The bar in red indicates where Lightspeed Discoveries's Beta falls into.


Lightspeed Discoveries 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 -0.1921 mean?
Lightspeed Discoveries (MURCF) has a Beta of -0.1921 as of Jul. 07, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Lightspeed Discoveries and its competitors.
Is Lightspeed Discoveries' Beta too high?
Lightspeed Discoveries' current Beta is -0.1921.
How does Lightspeed Discoveries' Beta compare to competitors?
Lightspeed Discoveries' Beta of -0.1921 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 Lightspeed Discoveries and its competitors. Lightspeed Discoveries's current Beta is -0.1921. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Discoveries stock overvalued right now?
Lightspeed Discoveries (MURCF) has a current Beta of -0.1921. The current Beta is -0.1921. 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 Lightspeed Discoveries (MURCF), the current Beta is -0.1921 as of Jul. 07, 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.

Lightspeed Discoveries Business Description

Other Exchanges LSD.H:Canada
Address 595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Lightspeed Discoveries Inc is a Canada based exploration stage company. It is engaged in the business process of exploring and developing mineral properties.