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Microlink Solutions Bhd (XKLS:0126) Beta : 1.12 (As of Jun. 09, 2024)


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What is Microlink Solutions Bhd Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-06-09), Microlink Solutions Bhd's Beta is 1.12.


Microlink Solutions Bhd Beta Historical Data

The historical data trend for Microlink Solutions 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.

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Microlink Solutions Bhd Beta Chart

Microlink Solutions Bhd Annual Data
Trend Dec11 Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.84 0.77 0.81 2.80 2.74

Microlink Solutions Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 2.47 2.56 2.91 0.99 0.89

Competitive Comparison of Microlink Solutions Bhd's Beta

For the Information Technology Services subindustry, Microlink Solutions 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.


Microlink Solutions Bhd's Beta Distribution in the Software Industry

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

* The bar in red indicates where Microlink Solutions Bhd's Beta falls into.



Microlink Solutions 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.


Microlink Solutions Bhd  (XKLS:0126) 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)


Microlink Solutions Bhd Beta Related Terms

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Microlink Solutions Bhd (XKLS:0126) Business Description

Traded in Other Exchanges
N/A
Address
Ho Hup Tower - Aurora Place, 2-08-01 - Level 8, Plaza Bukit Jalil, No 1, Persiaran Jalil 1, Bandar Bukit Jalil, Kuala Lumpur, MYS, 57000
Microlink Solutions Bhd is a Malaysia based investment holding company involved in the provision of research and development on information technology solutions to the financial services industry. It operates in the business segments of Financial services, which provides business and technical services for financial institutions; Distribution services, which distributes and maintains computer equipment and software; Enterprise solutions which include the provision of emerging technologies for enterprises; and Solution Delivery services which involves the provision of project and software solutions delivery services. It derives a majority of the revenue from the Distribution services segment. Geographically, the company operates in Malaysia and other countries.

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