Spirit Blockchain Capital (XCNQ:SPIR) Beta: 4.7065 (As of Aug. 18, 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.
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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.

What is Spirit Blockchain Capital Beta?

Spirit Blockchain Capital XCNQ:SPIR Beta is 4.7065 as of Aug. 18, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-18), Spirit Blockchain Capital's Beta is 4.7065.

Spirit Blockchain Capital  (XCNQ:SPIR) 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)

Spirit Blockchain Capital Beta Related Terms

Spirit Blockchain Capital Beta Historical Data

* Premium members only.

The historical data trend for Spirit Blockchain Capital'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.

Spirit Blockchain Capital Beta Chart

Spirit Blockchain Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Beta
0.00 0.00 0.00 0.00 4.22

Spirit Blockchain Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 3.61 4.22 3.71

XCNQ:SPIR vs MS, GS, SCHW: Beta Comparison

For the Capital Markets subindustry, Spirit Blockchain Capital'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.

Spirit Blockchain Capital Beta vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spirit Blockchain Capital's Beta distribution charts can be found below:

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


Spirit Blockchain Capital 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 4.7065 mean?
Spirit Blockchain Capital (XCNQ:SPIR) has a Beta of 4.7065 as of Aug. 18, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Spirit Blockchain Capital and its competitors.
Is Spirit Blockchain Capital's Beta too high?
Spirit Blockchain Capital's current Beta is 4.7065.
How does Spirit Blockchain Capital's Beta compare to MS and GS?
Spirit Blockchain Capital's Beta of 4.7065 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Beta depends on the Capital Markets 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 Spirit Blockchain Capital and its competitors. Spirit Blockchain Capital's current Beta is 4.7065. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Blockchain Capital stock overvalued right now?
Spirit Blockchain Capital (XCNQ:SPIR) has a current Beta of 4.7065. The current Beta is 4.7065. 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 Spirit Blockchain Capital (XCNQ:SPIR), the current Beta is 4.7065 as of Aug. 18, 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.

Spirit Blockchain Capital Business Description

Other Exchanges SBLCF:USAJN9:Germany
Address 505 Burrard Street, Suite 1570, One Bentall Centre, Vancouver, BC, CAN, V7X 1M5
Spirit Blockchain Capital Inc is Redefining the Future of Wealth Management: Digital Assets, Tokenization, and Next-Generation Investing. The Company is a blockchain company providing capital to blockchain ecosystem participants and blockchain research and advisory services. The Company aims to supply capital to the blockchain ecosystem through lending, staking, streaming and mining.