Xiana Mining (STU:DO51) Beta : N/A (As of May. 10, 2024)

Xiana Mining Beta Chart

Xiana Mining Annual Data
	Trend	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Dec19
Beta		Get a 7-Day Free Trial					1.91	-0.87	-	-	-

Xiana Mining Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Beta	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Xiana Mining's Beta

For the Other Precious Metals & Mining subindustry, Xiana 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.

Xiana Mining's Beta Distribution in the Metals & Mining Industry

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

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

Xiana 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.

Xiana Mining  (STU:DO51) 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)

Xiana Mining Beta Related Terms

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Xiana Mining (STU:DO51) Business Description