Sirius Minerals (Sirius Minerals) Beta : N/A (As of May. 25, 2024)

Sirius Minerals Beta Chart

Sirius Minerals Annual Data
	Trend	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Dec16	Dec17	Dec18
Beta		Get a 7-Day Free Trial					0.71	0.89	2.60	2.94	1.38

Sirius Minerals Semi-Annual Data
	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Beta	Get a 7-Day Free Trial															2.96	2.94	1.72	1.38	-0.18

Competitive Comparison of Sirius Minerals's Beta

For the Agricultural Inputs subindustry, Sirius Minerals'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.

Sirius Minerals's Beta Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's Beta distribution charts can be found below:

* The bar in red indicates where Sirius Minerals's Beta falls into.

Sirius 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.

Sirius Minerals  (OTCPK:SRUXY) 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)

Sirius Minerals Beta Related Terms

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Sirius Minerals (Sirius Minerals) Business Description