Dynamite Blockchain (XCNQ:KAS) Beta: 0.3899 (As of Jun. 29, 2026)


What is Dynamite Blockchain Beta?

Dynamite Blockchain XCNQ:KAS Beta is 0.3899 as of Jun. 29, 2026. 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 (2026-06-29), Dynamite Blockchain's Beta is 0.3899.

Dynamite Blockchain  (XCNQ:KAS) 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)

Dynamite Blockchain Beta Related Terms

Dynamite Blockchain Beta Historical Data

* Premium members only.

The historical data trend for Dynamite Blockchain'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.

Dynamite Blockchain Beta Chart

Dynamite Blockchain Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.20 -4.28 3.64 2.67 0.87

Dynamite Blockchain Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.67 2.87 2.77 2.84 0.87

XCNQ:KAS vs MSFT, ORCL, PLTR: Beta Comparison

For the Software - Infrastructure subindustry, Dynamite Blockchain'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.

Dynamite Blockchain Beta vs Software Industry

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

* The bar in red indicates where Dynamite Blockchain's Beta falls into.


Dynamite Blockchain 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 0.3899 mean?
Dynamite Blockchain (XCNQ:KAS) has a Beta of 0.3899 as of Jun. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Dynamite Blockchain and its competitors.
Is Dynamite Blockchain's Beta too high?
Dynamite Blockchain's current Beta is 0.3899.
How does Dynamite Blockchain's Beta compare to MSFT and ORCL?
Dynamite Blockchain's Beta of 0.3899 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 Dynamite Blockchain and its competitors. Dynamite Blockchain's current Beta is 0.3899. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dynamite Blockchain stock overvalued right now?
Dynamite Blockchain (XCNQ:KAS) has a current Beta of 0.3899. The current Beta is 0.3899. 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 Dynamite Blockchain (XCNQ:KAS), the current Beta is 0.3899 as of Jun. 29, 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.

Dynamite Blockchain Business Description

Other Exchanges CRYBF:USAEVB:Germany
Address 2400-1055 West Georgia Street, Vancouver, BC, CAN, V6E 3P3
Dynamite Blockchain Corp is a blockchain technology and infrastructure company focused on building shareholder value through its Blockchain Ecosystem, which comprises of three primary divisions: Holdings, Products and Services. The Holdings division is a component of the company's broader blockchain ecosystem and focuses on the acquisition, management and evaluation of selected digital assets and utility-based tokens. Its Holdings Division consists of four digital assets: Kaspa (KAS), Masters of Trivia (MOT), mPWR, and Kasya. The Products Division develops and acquires products that will be compatible with the digital assets in the Holdings Division. It plans to build out its Services Division by rolling out offerings built on Kaspa Secure's technology.