Thriven Global Bhd (XKLS:7889) Beta: -0.8810 (As of Jul. 03, 2026)


What is Thriven Global Bhd Beta?

Thriven Global Bhd XKLS:7889 Beta is -0.8810 as of Jul. 03, 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 (2026-07-03), Thriven Global Bhd's Beta is -0.8810.

Thriven Global Bhd  (XKLS:7889) 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)

Thriven Global Bhd Beta Related Terms

Thriven Global Bhd Beta Historical Data

* Premium members only.

The historical data trend for Thriven Global 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.

Thriven Global Bhd Beta Chart

Thriven Global Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.45 -0.24 -0.52 -0.73

Thriven Global Bhd 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 -0.54 -0.50 -0.77 -0.73 -0.77

Thriven Global Bhd Beta Competitor Comparison

For the Real Estate - Diversified subindustry, Thriven Global 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.

Thriven Global Bhd Beta vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thriven Global Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Thriven Global Bhd's Beta falls into.


Thriven Global 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 -0.8810 mean?
Thriven Global Bhd (XKLS:7889) has a Beta of -0.8810 as of Jul. 03, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thriven Global Bhd and its competitors.
Is Thriven Global Bhd's Beta too high?
Thriven Global Bhd's current Beta is -0.8810.
How does Thriven Global Bhd's Beta compare to competitors?
Thriven Global Bhd's Beta of -0.8810 can be compared against companies in the Real Estate 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 Real Estate company?
A good Beta depends on the Real Estate 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 Thriven Global Bhd and its competitors. Thriven Global Bhd's current Beta is -0.8810. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thriven Global Bhd stock overvalued right now?
Based on GuruFocus' analysis, Thriven Global Bhd (XKLS:7889) is currently considered Fairly Valued. The stock's GF Value™ is RM0.08, compared to a current price of RM0.08 — trading right at its estimated fair value. The current Beta is -0.8810. 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 Thriven Global Bhd (XKLS:7889), the current Beta is -0.8810 as of Jul. 03, 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.

Thriven Global Bhd Business Description

Address No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through the segments, Property Development which is engaged in the development of residential and commercial properties. The Property Investment segment is engaged in the management and leasing of properties, Food and beverages, and investment holding activities. The company generates the majority of its revenue from the Property Development segment. The group operates only in Malaysia.