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Max Power Mining (STU:89N) Beta : N/A (As of Dec. 15, 2024)


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What is Max Power Mining Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-12-15), Max Power Mining's Beta is Not available.


Max Power Mining Beta Historical Data

The historical data trend for Max Power Mining'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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Max Power Mining Beta Chart

Max Power Mining Annual Data
Trend Dec21 Dec22 Dec23
Beta
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Max Power Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Max Power Mining's Beta

For the Other Industrial Metals & Mining subindustry, Max Power Mining'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.


Max Power Mining's Beta Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Max Power Mining's Beta falls into.



Max Power Mining 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.


Max Power Mining  (STU:89N) 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)


Max Power Mining Beta Related Terms

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Max Power Mining Business Description

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Traded in Other Exchanges
Address
1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Max Power Mining Corp is an exploration stage company focused on the exploration of mineral property in Ontario, Canada. It has two reportable operating segments, with the primary segment being the acquisition, exploration and evaluation of mineral resources properties. The company is also conducting research and development on DLE technologies.

Max Power Mining Headlines

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