36 Group AB (NGM:36GRP) Beta: N/A (As of Jul. 13, 2026)


NGM:36GRP 36 Group AB NGM:36GRP
18 GF Score
Price kr0.28
! 5 Warning Signs
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What is 36 Group AB Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), 36 Group AB's Beta is Not available.

36 Group AB  (NGM:36GRP) 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)

36 Group AB Beta Related Terms

36 Group AB Beta Historical Data

* Premium members only.

The historical data trend for 36 Group AB'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.

36 Group AB Beta Chart

36 Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Beta
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36 Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NGM:36GRP
18GF Score
36 Group AB NGM:36GRP
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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36 Group AB 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.

36 Group AB Business Description

Other Exchanges 5J70:Germany
Address Marieholmsgatan 10C, Gothenburg, SWE, 415 02
36 Group AB, formerly Tangiamo Touch Technology AB designs, develops and manufactures multi-player gaming systems for casinos and arcades, electronic. The company operates in touch technology, electronic table games, and online gaming. The company specializes in sector technologies, visual identification, and AI based systems used in electronic gaming tables for casinos, arcades, and cruises ships, as wwll as in online sectors.
18GF Score

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

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