Next Phase Ventures (TSXV:NPV) Beta: N/A (As of Jun. 25, 2026)


What is Next Phase Ventures Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Next Phase Ventures's Beta is Not available.

Next Phase Ventures  (TSXV:NPV) 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)

Next Phase Ventures Beta Related Terms

Next Phase Ventures Beta Historical Data

* Premium members only.

The historical data trend for Next Phase Ventures'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.

Next Phase Ventures Beta Chart

Next Phase Ventures Annual Data
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Beta
0.00 0.00 0.00

Next Phase Ventures Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

Next Phase Ventures 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.

Next Phase Ventures Business Description

Address 222 Eagle Ridge Drive SW, 3n, Calgary, AB, CAN, T2V 2V7
Next Phase Ventures Ltd is focused on evaluating, developing, and operating businesses across emerging and evolving markets. The Company is focused on identifying strategic opportunities that leverage public markets access, operational experience, and scalable business platforms to support long-term shareholder value creation. The group continues to maintain interests in its existing operating subsidiaries that engage in a nature-based carbon solutions platform supporting the development of high-integrity carbon credit programs utilizing industrial hemp and digital measurement, reporting, and verification frameworks aligned with ISO 14064-2 standards.