ZBNIF (ZEB Nickel) Beta: -3.2147 (As of Jul. 01, 2026)


What is ZEB Nickel Beta?

ZEB Nickel ZBNIF -30.00% Beta is -3.2147 as of Jul. 01, 2026. The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), ZEB Nickel's Beta is -3.2147.

ZEB Nickel  (OTCPK:ZBNIF) 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)

ZEB Nickel Beta Related Terms

ZEB Nickel Beta Historical Data

* Premium members only.

The historical data trend for ZEB Nickel'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.

ZEB Nickel Beta Chart

ZEB Nickel Annual Data
Trend Dec21 Dec22 Dec23 Mar25
Beta
0.00 0.00 0.00 0.71

ZEB Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.21 0.71 0.34 -1.29 -2.88

ZEB Nickel Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, ZEB Nickel'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.

ZEB Nickel Beta vs Metals & Mining Industry

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

* The bar in red indicates where ZEB Nickel's Beta falls into.


ZEB Nickel 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 -3.2147 mean?
ZEB Nickel (ZBNIF) has a Beta of -3.2147 as of Jul. 01, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for ZEB Nickel and its competitors.
Is ZEB Nickel's Beta too high?
ZEB Nickel's current Beta is -3.2147.
How does ZEB Nickel's Beta compare to competitors?
ZEB Nickel's Beta of -3.2147 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 ZEB Nickel and its competitors. ZEB Nickel's current Beta is -3.2147. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEB Nickel stock overvalued right now?
ZEB Nickel (ZBNIF) has a current Beta of -3.2147. The current Beta is -3.2147. 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 ZEB Nickel (ZBNIF), the current Beta is -3.2147 as of Jul. 01, 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.

ZEB Nickel Business Description

Other Exchanges ZBNI:Canada
Address 4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6
ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.