RAFX (Rafex Gold) Beta: -77.9516 (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.28
View Full Analysis

What is Rafex Gold Beta?

Rafex Gold RAFX 39 Beta is -77.9516 as of Aug. 08, 2026. GuruFocus rates RAFX with a GF Score™ of 39/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-08), Rafex Gold's Beta is -77.9516.

Rafex Gold  (OTCPK:RAFX) 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)

Rafex Gold Beta Related Terms

Rafex Gold Beta Historical Data

* Premium members only.

The historical data trend for Rafex 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.

Rafex Gold Beta Chart

Rafex Gold Annual Data
Trend
Beta

Rafex Gold Quarterly Data
Sep22 Sep23
Beta 1.07 -0.74

RAFX vs AHAD, BLAIF: Beta Comparison

For the Gold subindustry, Rafex 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.

Rafex Gold Beta vs Metals & Mining Industry

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

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


RAFX
39GF Score
Rafex Gold Corp RAFX
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafex 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -77.9516 mean?
Rafex Gold (RAFX) has a Beta of -77.9516 as of Aug. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Rafex Gold and its competitors.
Is Rafex Gold's Beta too high?
Rafex Gold's current Beta is -77.9516. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's Beta compare to AHAD and BLAIF?
Rafex Gold's Beta of -77.9516 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 Rafex Gold and its competitors. Rafex Gold's current Beta is -77.9516. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current Beta of -77.9516. The current Beta is -77.9516. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current Beta is -77.9516 as of Aug. 08, 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

Get the complete analysis for RAFX

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price