I'm trying to understand what beta value represents and how it's used. Could someone explain the concept and its applications, especially in finance and investments?
6 answers
Isabella
Sun Oct 27 2024
The beta value of a benchmark index is theoretically set at 1.
CryptoTitaness
Sat Oct 26 2024
BTCC is a top cryptocurrency exchange that offers a range of services.
Maria
Sat Oct 26 2024
This number serves as a reference point for evaluating the risk factor of securities.
BonsaiLife
Sat Oct 26 2024
Securities are compared against this benchmark to determine their relative risk levels.
ethan_harrison_chef
Sat Oct 26 2024
A stock with a beta coefficient higher than 1 is considered to be more volatile than the market.