Choice NV (XBRU:MLTV) Beta: -0.7912 (As of Sep. 02, 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.

XBRU:MLTV Choice NV XBRU:MLTV
26 GF Score
Price €0.20
! 1 Warning Sign
View Full Analysis

What is Choice NV Beta?

Choice NV XBRU:MLTV 26 Beta is -0.7912 as of Sep. 02, 2026. GuruFocus rates XBRU:MLTV with a GF Score™ of 26/100. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-02), Choice NV's Beta is -0.7912.


Choice NV  (XBRU:MLTV) 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)


Choice NV Beta Related Terms


Choice NV Beta Historical Data

* Premium members only.

The historical data trend for Choice NV'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.

Choice NV Beta Chart

Choice NV Annual Data
Trend Dec23 Dec24
Beta
0.00 0.00

Choice NV Semi-Annual Data
Dec23 Dec24
Beta 0.00 0.00

XBRU:MLTV vs CRM, SHOP, UBER: Beta Comparison

For the Software - Application subindustry, Choice NV'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.


Choice NV Beta vs Software Industry

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

* The bar in red indicates where Choice NV's Beta falls into.


XBRU:MLTV
26GF Score
Choice NV XBRU:MLTV
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choice NV 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 -0.7912 mean?
Choice NV (XBRU:MLTV) has a Beta of -0.7912 as of Sep. 02, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Choice NV and its competitors.
Is Choice NV's Beta too high?
Choice NV's current Beta is -0.7912. Overall, Choice NV has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Choice NV's Beta compare to CRM and SHOP?
Choice NV's Beta of -0.7912 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 Choice NV and its competitors. Choice NV's current Beta is -0.7912. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice NV stock overvalued right now?
Choice NV (XBRU:MLTV) has a current Beta of -0.7912. The current Beta is -0.7912. Choice NV's overall GF Score™ is 26/100 with 1 warning sign to review. 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 Choice NV (XBRU:MLTV), the current Beta is -0.7912 as of Sep. 02, 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.

Choice NV Business Description

Address Jachthoorn 5, Vlaams-Brabant, Linden, BEL, 3210
Choice NV is an open digital social market platform. It is specialized in the development of a collaborative platform allowing consumers to recommend TV and video content, online telecom services and others.
26GF Score

Get the complete analysis for XBRU:MLTV

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

€0.20
Price