GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Alaska Minerals Corp (OTCPK:WAMFF) » Definitions » Beta

WAMFF (Western Alaska Minerals) Beta : 3.80 (As of Mar. 16, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Western Alaska Minerals Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-16), Western Alaska Minerals's Beta is 3.80.


Western Alaska Minerals Beta Historical Data

The historical data trend for Western Alaska Minerals'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.

* Premium members only.

Western Alaska Minerals Beta Chart

Western Alaska Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Beta
- - - -

Western Alaska Minerals Quarterly Data
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 - - - - -

Competitive Comparison of Western Alaska Minerals's Beta

For the Other Precious Metals & Mining subindustry, Western Alaska Minerals'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.


Western Alaska Minerals's Beta Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Alaska Minerals's Beta falls into.



Western Alaska Minerals 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.


Western Alaska Minerals  (OTCPK:WAMFF) 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)


Western Alaska Minerals Beta Related Terms

Thank you for viewing the detailed overview of Western Alaska Minerals's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Alaska Minerals Business Description

Traded in Other Exchanges
Address
3573 East Sunrise Drive, Suite 233, Tucson, AZ, USA, 85718
Western Alaska Minerals Corp is engaged in the mineral exploration and development business. The company is focused on exploring the Illinois Creek Mining District in Western Alaska. The group's projects include IC Oxide Gold, Round Top Project, Honker Project, Waterpump Creek and TG North. Its portfolio consists of mineral deposits namely gold, silver, copper, and zinc.