Osceola Gold (Osceola Gold) Beta : -0.65 (As of Jun. 06, 2024)

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What is Osceola Gold Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-06), Osceola Gold's Beta is -0.65.

Osceola Gold Beta Historical Data

The historical data trend for Osceola Gold'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.

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Osceola Gold Beta Chart

Osceola Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec21

Dec22

Beta

2.58

2.23

Osceola Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec21	Dec22	Mar23	Jun23	Sep23
Beta	Get a 7-Day Free Trial											2.58	2.23	2.59	3.75	-0.36

Competitive Comparison of Osceola Gold's Beta

For the Gold subindustry, Osceola Gold'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.

Osceola Gold's Beta Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Osceola Gold's Beta falls into.

Osceola Gold 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.

Osceola Gold (OTCPK:OSCI) 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)

Osceola Gold Beta Related Terms

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