Le Beta de Fabled Silver Gold Corp. est -1.12
BETA indique si une action est plus ou moins volatile que le marché dans son ensemble. Un bêta inférieur à 1 indique que l'action est moins volatile que le marché, tandis qu'un bêta supérieur à 1 indique que l'action est plus volatile. La volatilité est mesurée par la fluctuation du prix autour de la moyenne.
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.
Fabled Silver Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for silver and gold deposits. Its principal project is the Santa Maria Project located in the center of the Mexican epithermal silver-gold belt. The company was formerly known as Fabled Copper Corp. and changed its name to Fabled Silver Gold Corp. in October 2020. Fabled Silver Gold Corp. is headquartered in Vancouver, Canada.