Sego Resources (TSXV:SGZ) Beta: -0.4965 (As of Jul. 12, 2026)


What is Sego Resources Beta?

Sego Resources TSXV:SGZ -11.11% Beta is -0.4965 as of Jul. 12, 2026. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-12), Sego Resources's Beta is -0.4965.

Sego Resources  (TSXV:SGZ) 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)

Sego Resources Beta Related Terms

Sego Resources Beta Historical Data

* Premium members only.

The historical data trend for Sego 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.

Sego Resources Beta Chart

Sego Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 2.29 1.99 0.55 -0.05

Sego Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 -0.05 -0.39 -0.68 -0.40

Sego Resources Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sego 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.

Sego Resources Beta vs Metals & Mining Industry

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

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


Sego 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.4965 mean?
Sego Resources (TSXV:SGZ) has a Beta of -0.4965 as of Jul. 12, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Sego Resources and its competitors.
Is Sego Resources' Beta too high?
Sego Resources' current Beta is -0.4965.
How does Sego Resources' Beta compare to competitors?
Sego Resources' Beta of -0.4965 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Metals & Mining company?
A good Beta depends on the Metals & Mining industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Sego Resources and its competitors. Sego Resources's current Beta is -0.4965. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sego Resources stock overvalued right now?
Sego Resources (TSXV:SGZ) has a current Beta of -0.4965. The current Beta is -0.4965. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Sego Resources (TSXV:SGZ), the current Beta is -0.4965 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sego Resources Business Description

Other Exchanges SGOZF:USA
Address Parkgate Village Rpo, PO Box 30013, North Vancouver, BC, CAN, V7H2Y8
Sego Resources Inc is a mineral exploration company. The company is engaged in the process of exploring and developing its mineral property interests. Its exploration project includes Miner Mountain copper-gold porphyry property located in Similkameen Mining Division, British Columbia.