Phoenix Digital Assets (AQSE:PNIX) Beta: 0.1289 (As of Jul. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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What is Phoenix Digital Assets Beta?

Phoenix Digital Assets AQSE:PNIX Beta is 0.1289 as of Jul. 22, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-22), Phoenix Digital Assets's Beta is 0.1289.

Phoenix Digital Assets  (AQSE:PNIX) 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)

Phoenix Digital Assets Beta Related Terms

Phoenix Digital Assets Beta Historical Data

* Premium members only.

The historical data trend for Phoenix Digital Assets'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.

Phoenix Digital Assets Beta Chart

Phoenix Digital Assets Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Beta
0.00 0.00 0.00 1.57

Phoenix Digital Assets Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Beta 0.00 0.00 0.00 1.57

AQSE:PNIX vs BLK, BX, KKR: Beta Comparison

For the Asset Management subindustry, Phoenix Digital Assets'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.

Phoenix Digital Assets Beta vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Phoenix Digital Assets's Beta distribution charts can be found below:

* The bar in red indicates where Phoenix Digital Assets's Beta falls into.


Phoenix Digital Assets 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 0.1289 mean?
Phoenix Digital Assets (AQSE:PNIX) has a Beta of 0.1289 as of Jul. 22, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Phoenix Digital Assets and its competitors.
Is Phoenix Digital Assets' Beta too high?
Phoenix Digital Assets' current Beta is 0.1289.
How does Phoenix Digital Assets' Beta compare to BLK and BX?
Phoenix Digital Assets' Beta of 0.1289 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Beta depends on the Asset Management 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 Phoenix Digital Assets and its competitors. Phoenix Digital Assets's current Beta is 0.1289. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Digital Assets stock overvalued right now?
Phoenix Digital Assets (AQSE:PNIX) has a current Beta of 0.1289. The current Beta is 0.1289. 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 Phoenix Digital Assets (AQSE:PNIX), the current Beta is 0.1289 as of Jul. 22, 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.

Phoenix Digital Assets Business Description

Address 16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG
Phoenix Digital Assets PLC is a fund specializing in the market for digital assets. The company invests in a diversified portfolio of cryptocurrency assets, and/or in companies or funds which have exposure to blockchain technology.