NVA (Nova Minerals) Beta: N/A (As of Jun. 26, 2026)


NVA Nova Minerals Corp NVA
14 GF Score
Price $5.20
! 1 Warning Sign
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What is Nova Minerals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Nova Minerals's Beta is Not available.

Nova Minerals  (AMEX:NVA) 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)

Nova Minerals Beta Related Terms

Nova Minerals Beta Historical Data

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The historical data trend for Nova Minerals'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.

Nova Minerals Beta Chart

Nova Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
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Nova Minerals 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 0.00 0.00 0.00 0.00 0.00
NVA
14GF Score
Nova Minerals Corp NVA
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Minerals 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.

Nova Minerals Business Description

Address 6312 South Fiddlers Green Circle, Suite 300E, Greenwood Village, CO, USA, 80111
Nova Minerals Corp is an exploration and development company focused on gold, antimony, and critical minerals. The company is focused on the exploration and development of the Estelle Gold and Critical Minerals Project, located in Alaska.
14GF Score

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$5.20
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