Green Scientific Labs Holdings (XCNQ:GSL) Beta: -3.2162 (As of Aug. 15, 2026)

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What is Green Scientific Labs Holdings Beta?

Green Scientific Labs Holdings XCNQ:GSL Beta is -3.2162 as of Aug. 15, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-15), Green Scientific Labs Holdings's Beta is -3.2162.

Green Scientific Labs Holdings  (XCNQ:GSL) 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)

Green Scientific Labs Holdings Beta Related Terms

Green Scientific Labs Holdings Beta Historical Data

* Premium members only.

The historical data trend for Green Scientific Labs Holdings'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.

Green Scientific Labs Holdings Beta Chart

Green Scientific Labs Holdings Annual Data
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Green Scientific Labs Holdings Quarterly Data
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Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XCNQ:GSL vs ZTS: Beta Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Green Scientific Labs Holdings'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.

Green Scientific Labs Holdings Beta vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Green Scientific Labs Holdings's Beta distribution charts can be found below:

* The bar in red indicates where Green Scientific Labs Holdings's Beta falls into.


Green Scientific Labs Holdings 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 -3.2162 mean?
Green Scientific Labs Holdings (XCNQ:GSL) has a Beta of -3.2162 as of Aug. 15, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Green Scientific Labs Holdings and its competitors.
Is Green Scientific Labs Holdings' Beta too high?
Green Scientific Labs Holdings' current Beta is -3.2162.
How does Green Scientific Labs Holdings' Beta compare to ZTS?
Green Scientific Labs Holdings' Beta of -3.2162 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beta depends on the Drug Manufacturers 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 Green Scientific Labs Holdings and its competitors. Green Scientific Labs Holdings's current Beta is -3.2162. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Scientific Labs Holdings stock overvalued right now?
Green Scientific Labs Holdings (XCNQ:GSL) has a current Beta of -3.2162. The current Beta is -3.2162. 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 Green Scientific Labs Holdings (XCNQ:GSL), the current Beta is -3.2162 as of Aug. 15, 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.

Green Scientific Labs Holdings Business Description

Address 4001 SW 47th Avenue, Suite 208, Davie, FL, USA, 33314
Green Scientific Labs Holdings Inc is a cannabis and hemp testing laboratory that operates a Certified Marijuana Testing Laboratory licensed testing lab facility. The Company provides analytical testing services including tests for cannabinoid content (potency), terpene content, water activity, moisture content, pesticides, residual solvents, heavy metals, filth and foreign material, and microbiological contaminants for state-licensed cannabis and hemp growers, product formulators, processors, distributors, and retailers. The Company operates in the Geographical regions of Florida and Arizona in the United States.