Myaxis Group Bhd (XKLS:03064) Beta: N/A (As of Jul. 27, 2026)

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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
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.

XKLS:03064 Myaxis Group Bhd XKLS:03064
13 GF Score
Price RM0.12
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What is Myaxis Group Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-27), Myaxis Group Bhd's Beta is Not available.

Myaxis Group Bhd  (XKLS:03064) 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)

Myaxis Group Bhd Beta Related Terms

Myaxis Group Bhd Beta Historical Data

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The historical data trend for Myaxis Group 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.

Myaxis Group Bhd Beta Chart

Myaxis Group Bhd Annual Data
Trend Jul23 Jul24 Jul25
Beta
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Myaxis Group Bhd Semi-Annual Data
Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
XKLS:03064
13GF Score
Myaxis Group Bhd XKLS:03064
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Myaxis Group 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.

Myaxis Group Bhd Business Description

Address Jalan Tandop 5, B72 & B73, Taman Perindustrian Tandop Utama, Lebuhraya Sultanah Bahiyah, Alor Setar, KDH, MYS, 05050
Myaxis Group Bhd is involved in the sourcing and distribution of frozen meat products. It also sources and distributes other types of meat, including frozen red meat products (namely beef, buffalo, lamb and mutton products). Its processed meat products are processed at its processing facility in Alor Setar, Kedah. The company also source and distribute other frozen food products such as frozen seafood, as and when requested by its customers.
13GF Score

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

RM0.12
Price