NXTP (NextPlay Technologies) Beta: -246.4916 (As of Sep. 09, 2026)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Beta?

NextPlay Technologies NXTP 14 Beta is -246.4916 as of Sep. 09, 2026. GuruFocus rates NXTP with a GF Score™ of 14/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-09), NextPlay Technologies's Beta is -246.4916.

NextPlay Technologies  (OTCPK:NXTP) 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)

NextPlay Technologies Beta Related Terms

NextPlay Technologies Beta Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Beta Chart

NextPlay Technologies Annual Data
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NextPlay Technologies Quarterly Data
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NXTP vs TAOP, CETX, IPSI: Beta Comparison

For the Software - Infrastructure subindustry, NextPlay Technologies'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.

NextPlay Technologies Beta vs Software Industry

For the Software industry and Technology sector, NextPlay Technologies's Beta distribution charts can be found below:

* The bar in red indicates where NextPlay Technologies's Beta falls into.


NXTP
14GF Score
NextPlay Technologies Inc NXTP
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies 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 -246.4916 mean?
NextPlay Technologies (NXTP) has a Beta of -246.4916 as of Sep. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for NextPlay Technologies and its competitors.
Is NextPlay Technologies' Beta too high?
NextPlay Technologies' current Beta is -246.4916. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Beta compare to TAOP and CETX?
NextPlay Technologies' Beta of -246.4916 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 NextPlay Technologies and its competitors. NextPlay Technologies's current Beta is -246.4916. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Beta of -246.4916. The current Beta is -246.4916. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Beta is -246.4916 as of Sep. 09, 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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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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