Trinidad and Tobago NGL (TRN:NGL) Beta: N/A (As of Jun. 25, 2026)


TRN:NGL Trinidad and Tobago NGL Ltd TRN:NGL
39 GF Score
Price TTD10.33
! 1 Warning Sign
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What is Trinidad and Tobago NGL Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Trinidad and Tobago NGL's Beta is Not available.

Trinidad and Tobago NGL  (TRN:NGL) 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)

Trinidad and Tobago NGL Beta Related Terms

Trinidad and Tobago NGL Beta Historical Data

* Premium members only.

The historical data trend for Trinidad and Tobago NGL'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.

Trinidad and Tobago NGL Beta Chart

Trinidad and Tobago NGL Annual Data
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Beta

Trinidad and Tobago NGL Semi-Annual Data
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TRN:NGL
39GF Score
Trinidad and Tobago NGL Ltd TRN:NGL
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Trinidad and Tobago NGL 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.

Trinidad and Tobago NGL Business Description

Industry EnergyOil & Gas
Comparable Companies
Address Orinoco Drive, Point Lisas Industrial Estate, Point Lisas, Couva, TTO
Trinidad and Tobago NGL Ltd along with Phoenix Park Gas Processors Ltd operates in the midstream of the natural gas-based energy sector. The company purchases, transmits, sells, and distributes natural gas to industrial and commercial users.
39GF Score

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

TTD10.33
Price