Metals & Mining Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1ATCV Atc Venture Grp
67.94
(0.12)
 12.25 
(1.53)
2CENX Century Aluminum
2.48
(0.03)
 4.46 
(0.14)
3AA Alcoa Corp
2.43
 0.00 
 3.39 
 0.01 
4ZKIN ZK International Group
2.05
 0.08 
 5.58 
 0.43 
5HYMC Hycroft Mining Holding
2.04
 0.00 
 4.28 
(0.01)
6HL Hecla Mining
2.01
 0.12 
 3.54 
 0.42 
7ERO Ero Copper Corp
1.98
 0.00 
 3.19 
 0.01 
8CLF Cleveland Cliffs
1.97
(0.08)
 2.70 
(0.21)
9LODE Comstock Mining
1.96
 0.25 
 9.46 
 2.39 
10CSTM Constellium Nv
1.93
(0.13)
 2.32 
(0.31)
11EXK Endeavour Silver Corp
1.92
 0.05 
 5.43 
 0.26 
12TGB Taseko Mines
1.92
 0.04 
 3.81 
 0.15 
13FCX Freeport McMoran Copper Gold
1.9
 0.01 
 2.52 
 0.03 
14SID Companhia Siderurgica Nacional
1.89
 0.00 
 3.12 
(0.01)
15X United States Steel
1.87
(0.02)
 3.39 
(0.08)
16MT ArcelorMittal SA ADR
1.75
 0.12 
 1.98 
 0.24 
17VGZ Vista Gold
1.71
 0.23 
 4.13 
 0.97 
18TX Ternium SA ADR
1.67
 0.02 
 1.67 
 0.03 
19CDE Coeur Mining
1.65
 0.03 
 4.63 
 0.15 
20FSM Fortuna Silver Mines
1.63
 0.01 
 3.13 
 0.03 
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.