Kronologi Asia Bhd (XKLS:0176) Beta: -0.5356 (As of Jun. 25, 2026)


What is Kronologi Asia Bhd Beta?

Kronologi Asia Bhd XKLS:0176 -10.53% Beta is -0.5356 as of Jun. 25, 2026. The stock has 5 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Kronologi Asia Bhd's Beta is -0.5356.

Kronologi Asia Bhd  (XKLS:0176) 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)

Kronologi Asia Bhd Beta Related Terms

Kronologi Asia Bhd Beta Historical Data

* Premium members only.

The historical data trend for Kronologi Asia Bhd'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.

Kronologi Asia Bhd Beta Chart

Kronologi Asia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Jan22 Jan23 Jan24 Jan25 Jan26
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 1.66 0.88 0.55 -0.50

Kronologi Asia Bhd 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 0.55 0.56 0.39 0.07 -0.50

XKLS:0176 vs CRM, SHOP, UBER: Beta Comparison

For the Software - Application subindustry, Kronologi Asia Bhd'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.

Kronologi Asia Bhd Beta vs Software Industry

For the Software industry and Technology sector, Kronologi Asia Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Kronologi Asia Bhd's Beta falls into.


Kronologi Asia Bhd 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 -0.5356 mean?
Kronologi Asia Bhd (XKLS:0176) has a Beta of -0.5356 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Kronologi Asia Bhd and its competitors.
Is Kronologi Asia Bhd's Beta too high?
Kronologi Asia Bhd's current Beta is -0.5356.
How does Kronologi Asia Bhd's Beta compare to CRM and SHOP?
Kronologi Asia Bhd's Beta of -0.5356 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 Kronologi Asia Bhd and its competitors. Kronologi Asia Bhd's current Beta is -0.5356. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kronologi Asia Bhd stock overvalued right now?
Based on GuruFocus' analysis, Kronologi Asia Bhd (XKLS:0176) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.22, compared to a current price of RM0.09 — trading 61.4% below its estimated fair value. The current Beta is -0.5356. 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 Kronologi Asia Bhd (XKLS:0176), the current Beta is -0.5356 as of Jun. 25, 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.

Kronologi Asia Bhd Business Description

Address No. 9, Jalan Stesen Sentral 5, Level 28-D, Axiata Tower, Kuala Lumpur Sentral, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50470
Kronologi Asia Bhd is engaged in investment holding and the provision of business consulting, designing of solutions, and research and development relating to new and emerging information technology software, applications, multimedia development, information systems, data management software, data protection solutions and processes, system back-up and disaster recovery systems, related businesses, and hybrid and cloud enterprise data management technology and solutions. Its segments are: EDM Infrastructure Technology, which generates maximum revenue and comprises both hardware and software used to record, store, retain, back up, recover, and restore digital data, and EDM As-A-Service. The Group generates maximum revenue from the Philippines.