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THURF (Thunderstruck Resources) Beta : 0.70 (As of Mar. 16, 2025)


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What is Thunderstruck Resources Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-16), Thunderstruck Resources's Beta is 0.70.


Thunderstruck Resources Beta Historical Data

The historical data trend for Thunderstruck Resources'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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Thunderstruck Resources Beta Chart

Thunderstruck Resources Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 0.97 1.24 1.07 0.26

Thunderstruck Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.26 0.70 0.82 0.82

Competitive Comparison of Thunderstruck Resources's Beta

For the Other Industrial Metals & Mining subindustry, Thunderstruck Resources'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.


Thunderstruck Resources's Beta Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Thunderstruck Resources's Beta falls into.



Thunderstruck Resources 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.


Thunderstruck Resources  (OTCPK:THURF) 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)


Thunderstruck Resources Beta Related Terms

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Thunderstruck Resources Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Thunderstruck Resources Ltd is a mining exploration company. It is involved in the business of acquisition and exploration of mineral properties. Its projects portfolio includes Nakoro VMS, Korokayiu VMS, Liwa creek gold and Rama Creek located on the main island of Fiji. The company focuses on the exploration of Zinc, Copper, Silver, and Gold.

Thunderstruck Resources Headlines