OILFF (Nextleaf Solutions) Beta: 0.5702 (As of Jul. 24, 2026)

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What is Nextleaf Solutions Beta?

Nextleaf Solutions OILFF +0.28% Beta is 0.5702 as of Jul. 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 (2026-07-24), Nextleaf Solutions's Beta is 0.5702.

Nextleaf Solutions  (OTCPK:OILFF) 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)

Nextleaf Solutions Beta Related Terms

Nextleaf Solutions Beta Historical Data

* Premium members only.

The historical data trend for Nextleaf Solutions'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.

Nextleaf Solutions Beta Chart

Nextleaf Solutions Annual Data
Trend Mar17 Mar18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beta
Get a 7-Day Free Trial Premium Member Only 0.00 2.79 1.99 2.31 0.36

Nextleaf Solutions 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 2.29 2.29 0.36 0.13 -0.11

OILFF vs ZTS, UTHR: Beta Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Nextleaf Solutions'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.

Nextleaf Solutions Beta vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nextleaf Solutions's Beta distribution charts can be found below:

* The bar in red indicates where Nextleaf Solutions's Beta falls into.


Nextleaf Solutions 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 0.5702 mean?
Nextleaf Solutions (OILFF) has a Beta of 0.5702 as of Jul. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Nextleaf Solutions and its competitors.
Is Nextleaf Solutions' Beta too high?
Nextleaf Solutions' current Beta is 0.5702.
How does Nextleaf Solutions' Beta compare to ZTS and UTHR?
Nextleaf Solutions' Beta of 0.5702 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beta depends on the Drug Manufacturers 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 Nextleaf Solutions and its competitors. Nextleaf Solutions's current Beta is 0.5702. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextleaf Solutions stock overvalued right now?
Based on GuruFocus' analysis, Nextleaf Solutions (OILFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.04, compared to a current price of $0.04 — trading 10.3% below its estimated fair value. The current Beta is 0.5702. 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 Nextleaf Solutions (OILFF), the current Beta is 0.5702 as of Jul. 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.

Nextleaf Solutions Business Description

Other Exchanges L0MA:GermanyOILS:Canada
Address 68 Schooner Street, Suite 3, Coquitlam, BC, CAN, V3B 7B1
Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.