MYRLF (Meryllion Resources) Beta: -13.6382 (As of Jun. 24, 2026)


What is Meryllion Resources Beta?

Meryllion Resources MYRLF Beta is -13.6382 as of Jun. 24, 2026. The stock has 4 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), Meryllion Resources's Beta is -13.6382.

Meryllion Resources  (OTCPK:MYRLF) 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)

Meryllion Resources Beta Related Terms

Meryllion Resources Beta Historical Data

* Premium members only.

The historical data trend for Meryllion 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.

Meryllion Resources Beta Chart

Meryllion Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.09 39.60 35.13 -1.56 -2.03

Meryllion Resources 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 -1.22 -1.46 -2.03 -10.83 -11.60

Meryllion Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Meryllion Resources'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.

Meryllion Resources Beta vs Metals & Mining Industry

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

* The bar in red indicates where Meryllion Resources's Beta falls into.


Meryllion 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -13.6382 mean?
Meryllion Resources (MYRLF) has a Beta of -13.6382 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Meryllion Resources and its competitors.
Is Meryllion Resources' Beta too high?
Meryllion Resources' current Beta is -13.6382.
How does Meryllion Resources' Beta compare to competitors?
Meryllion Resources' Beta of -13.6382 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 Meryllion Resources and its competitors. Meryllion Resources's current Beta is -13.6382. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meryllion Resources stock overvalued right now?
Meryllion Resources (MYRLF) has a current Beta of -13.6382. The current Beta is -13.6382. 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 Meryllion Resources (MYRLF), the current Beta is -13.6382 as of Jun. 24, 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.

Meryllion Resources Business Description

Other Exchanges MYR:Canada
Address 885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1
Meryllion Resources Corp is a Canada-based natural resource company. It engaged in the acquisition and exploration of resource properties. Its project is Tasmania Rare Earth.