I'm trying to understand this finance concept called beta, but I'm not very familiar with it. Could someone explain it to me in simple terms, like I'm a dummy in finance?
6 answers
GwanghwamunGuardianAngel
Sat Oct 26 2024
Beta in finance represents a crucial risk-measuring tool for investors.
CryptoAlly
Sat Oct 26 2024
It enables investors to assess whether they should invest in a particular company's stock.
Ilaria
Sat Oct 26 2024
By utilizing beta, investors can gauge the potential risk associated with buying or selling a stock.
Nicola
Fri Oct 25 2024
Beta provides insights into how volatile a stock's price movements are compared to the overall market.
WindRider
Fri Oct 25 2024
Essentially, a beta value indicates the stock's sensitivity to
market fluctuations.