STGSF (State Gas) Beta: N/A (As of Jun. 24, 2026)


STGSF State Gas Ltd STGSF
33 GF Score
Price $0.20
! 5 Warning Signs
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What is State Gas Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), State Gas's Beta is Not available.


State Gas  (OTCPK:STGSF) 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)


State Gas Beta Related Terms


State Gas Beta Historical Data

* Premium members only.

The historical data trend for State Gas'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.

State Gas Beta Chart

State Gas Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

State Gas Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00
STGSF
33GF Score
State Gas Ltd STGSF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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State Gas 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.


State Gas Business Description

Industry EnergyOil & Gas
Other Exchanges GAS:Australia
Address 40 Edward Street, Suite 4, Level 1, Brisbane, QLD, AUS, 4000
State Gas Ltd is a natural gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The company's existing 100% owned exploration projects, when considered in conjunction with joint venture interests over adjoining areas, means State Gas has a prospective and substantial portfolio of natural gas resources. It operates in one segment, being the exploration and development of gas fields in Australia.
33GF Score

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

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