Diversified Metals & Mining Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1CNTO Centor Energy
311.28
 0.00 
 0.00 
 0.00 
2EKWX Ekwan X
34.36
 0.00 
 0.00 
 0.00 
3GWMGF Great Western Minerals
29.71
 0.00 
 0.00 
 0.00 
4PNGM Er Therapeutics
23.59
 0.00 
 0.00 
 0.00 
5VIPV VIPR Corp
11.18
 0.00 
 0.00 
 0.00 
6GESI General European Strategic
7.24
 0.05 
 20.33 
 0.97 
7LITM Snow Lake Resources
2.69
(0.03)
 6.53 
(0.19)
8HUDI Huadi International Group
2.44
(0.01)
 5.69 
(0.03)
9MP MP Materials Corp
2.41
 0.03 
 3.65 
 0.11 
10AMLI American Lithium Corp
2.34
(0.17)
 4.66 
(0.80)
11BHIL Benson Hill
2.24
 0.05 
 7.56 
 0.37 
12GATO Gatos Silver
2.21
 0.21 
 4.10 
 0.85 
13HYMCL Hycroft Mining Holding
2.19
 0.09 
 16.16 
 1.46 
14HYMCW Hycroft Mining Holding
2.19
 0.08 
 18.95 
 1.56 
15WRN Western Copper and
2.12
 0.10 
 4.72 
 0.48 
16VZLA Vizsla Resources Corp
2.02
 0.03 
 4.18 
 0.11 
17GSM Ferroglobe PLC
2.02
(0.09)
 2.74 
(0.26)
18ELBM Electra Battery Materials
2.02
 0.08 
 5.76 
 0.46 
19HBM Hudbay Minerals
2.02
 0.28 
 2.36 
 0.65 
20LGO Largo Resources
2.0
(0.06)
 3.74 
(0.22)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.