Searchlight Innovations (TSXV:SLX.P) Beta: 0.4785 (As of Jul. 17, 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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What is Searchlight Innovations Beta?

Searchlight Innovations TSXV:SLX.P Beta is 0.4785 as of Jul. 17, 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 (2026-07-17), Searchlight Innovations's Beta is 0.4785.

Searchlight Innovations  (TSXV:SLX.P) 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)

Searchlight Innovations Beta Related Terms

Searchlight Innovations Beta Historical Data

* Premium members only.

The historical data trend for Searchlight Innovations'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.

Searchlight Innovations Beta Chart

Searchlight Innovations Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beta
0.00 0.00 0.00 0.00 0.32

Searchlight Innovations Quarterly Data
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 0.00 0.00 0.51 0.32 0.27

TSXV:SLX.P vs XXI, CCXI, DMII: Beta Comparison

For the Shell Companies subindustry, Searchlight Innovations'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.

Searchlight Innovations Beta vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Searchlight Innovations's Beta distribution charts can be found below:

* The bar in red indicates where Searchlight Innovations's Beta falls into.


Searchlight Innovations 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 0.4785 mean?
Searchlight Innovations (TSXV:SLX.P) has a Beta of 0.4785 as of Jul. 17, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Searchlight Innovations and its competitors.
Is Searchlight Innovations' Beta too high?
Searchlight Innovations' current Beta is 0.4785.
How does Searchlight Innovations' Beta compare to XXI and CCXI?
Searchlight Innovations' Beta of 0.4785 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Beta depends on the Diversified Financial Services 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 Searchlight Innovations and its competitors. Searchlight Innovations's current Beta is 0.4785. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Searchlight Innovations stock overvalued right now?
Searchlight Innovations (TSXV:SLX.P) has a current Beta of 0.4785. The current Beta is 0.4785. 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 Searchlight Innovations (TSXV:SLX.P), the current Beta is 0.4785 as of Jul. 17, 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.

Searchlight Innovations Business Description

Address 1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1
Searchlight Innovations Inc is a capital pool company. The company's business objective is to identify and evaluate assets or businesses with a view to potential acquisition or participation by completing a Qualifying Transaction.