Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) Beta: 0.2996 (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:TGAR11 Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
12 GF Score
Price R$51.39
View Full Analysis

What is Fundo Investimento Imobiliario TG Ativo Real Beta?

Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11 +1.94% 12 Beta is 0.2996 as of Jul. 17, 2026. GuruFocus rates BSP:TGAR11 with a GF Score™ of 12/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-17), Fundo Investimento Imobiliario TG Ativo Real's Beta is 0.2996.

Fundo Investimento Imobiliario TG Ativo Real  (BSP:TGAR11) 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)

Fundo Investimento Imobiliario TG Ativo Real Beta Related Terms

Fundo Investimento Imobiliario TG Ativo Real Beta Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario TG Ativo Real'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.

Fundo Investimento Imobiliario TG Ativo Real Beta Chart

Fundo Investimento Imobiliario TG Ativo Real Annual Data
Trend
Beta

Fundo Investimento Imobiliario TG Ativo Real Semi-Annual Data
Beta

BSP:TGAR11 vs VICI, WPC: Beta Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario TG Ativo Real'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.

Fundo Investimento Imobiliario TG Ativo Real Beta vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario TG Ativo Real's Beta distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario TG Ativo Real's Beta falls into.


BSP:TGAR11
12GF Score
Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario TG Ativo Real 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 0.2996 mean?
Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) has a Beta of 0.2996 as of Jul. 17, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Fundo Investimento Imobiliario TG Ativo Real and its competitors.
Is Fundo Investimento Imobiliario TG Ativo Real's Beta too high?
Fundo Investimento Imobiliario TG Ativo Real's current Beta is 0.2996. Overall, Fundo Investimento Imobiliario TG Ativo Real has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario TG Ativo Real's Beta compare to VICI and WPC?
Fundo Investimento Imobiliario TG Ativo Real's Beta of 0.2996 can be compared against companies in the REITs 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 REITs company?
A good Beta depends on the REITs 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 Fundo Investimento Imobiliario TG Ativo Real and its competitors. Fundo Investimento Imobiliario TG Ativo Real's current Beta is 0.2996. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario TG Ativo Real stock overvalued right now?
Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) has a current Beta of 0.2996. The current Beta is 0.2996. Fundo Investimento Imobiliario TG Ativo Real's overall GF Score™ is 12/100. 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 Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11), the current Beta is 0.2996 as of Jul. 17, 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.

Fundo Investimento Imobiliario TG Ativo Real Business Description

Industry Real EstateREITs
Address Rua Gilberto Sabino, 215, Conjunto 41, Sala 2, Pinheiros, Sao Paulo, BRA, 5425020
Fundo Investimento Imobiliario TG Ativo Real, formely TG Ativo Real Fundo de Investimento Imobiliario is a real estate investment trust engaged in the real estate sector.
12GF Score

Get the complete analysis for BSP:TGAR11

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$51.39
Price