Alpha Namibia Industries Renewable Power (NAM:ANE) Beta: N/A (As of Jul. 16, 2026)

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NAM:ANE Alpha Namibia Industries Renewable Power Ltd NAM:ANE
18 GF Score
Price N$8.80
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What is Alpha Namibia Industries Renewable Power Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-16), Alpha Namibia Industries Renewable Power's Beta is Not available.

Alpha Namibia Industries Renewable Power  (NAM:ANE) 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)

Alpha Namibia Industries Renewable Power Beta Related Terms

Alpha Namibia Industries Renewable Power Beta Historical Data

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The historical data trend for Alpha Namibia Industries Renewable Power'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.

Alpha Namibia Industries Renewable Power Beta Chart

Alpha Namibia Industries Renewable Power Annual Data
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Alpha Namibia Industries Renewable Power Semi-Annual Data
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NAM:ANE
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Alpha Namibia Industries Renewable Power Ltd NAM:ANE
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Alpha Namibia Industries Renewable Power 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.

Alpha Namibia Industries Renewable Power Business Description

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Address 47, Nelson Mandela Avenue, Klein Windhoek, Windhoek, NAM
Alpha Namibia Industries Renewable Power Ltd is an investment entity incorporated in Namibia with interests in the renewable energy industry. The company focuses on operating, developing, building, acquiring, and sustainably investing in utility-scale renewable energy to supply (and trade) bulk renewable energy in Namibia and the Southern African Power Pool (SAPP). One of the key projects in its portfolio is the Luderitz Wind Power Project, a 50 megawatt onshore wind farm south of Luderitz, Namibia. The group generates maximum revenue from the IPP Sale of Electricity, followed by Operations and Maintenance, and Engineering, Procurement, and Construction (EPC) of renewable energy plants.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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