3REN Bhd (XKLS:0328) Beta: N/A (As of Jun. 25, 2026)


XKLS:0328 3REN Bhd XKLS:0328
40 GF Score
Price RM0.42
! 8 Warning Signs
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What is 3REN Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), 3REN Bhd's Beta is Not available.

3REN Bhd  (XKLS:0328) 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)

3REN Bhd Beta Related Terms

3REN Bhd Beta Historical Data

* Premium members only.

The historical data trend for 3REN 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.

3REN Bhd Beta Chart

3REN Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

3REN Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 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 0.00 0.00 0.00 0.00 0.00
XKLS:0328
40GF Score
3REN Bhd XKLS:0328
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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3REN 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.

3REN Bhd Business Description

Address No. 9, Jalan Industri Tangkas 1, Taman Industri Tangkas, Bukit Mertajam, PNG, MYS, 14000
3REN Bhd is principally an investment holding company that operates through subsidiaries and is principally engaged in automation solutions and engineering services. Its business activities include the provision of product engineering services, the provision of engineering support services for IC assembly and testing, the design, development, and sale of digitalised solutions, and the design, development, and sale of automated equipment. The Group serves a diverse range of industries, including semiconductor and electronics, automotive, consumer electronics, fast-moving consumer goods (FMCG), medical device manufacturing, and life sciences. The company operates in three segments: Manufacturing operating solutions and services, Product engineering services, and Others.
40GF Score

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

RM0.42
Price