Cryptocurrency Q&A What is beta value for?

What is beta value for?

Giuseppe Giuseppe Fri Oct 25 2024 | 6 answers 1074
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? What is beta value for?

6 answers

Isabella Isabella Sun Oct 27 2024
The beta value of a benchmark index is theoretically set at 1.

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CryptoTitaness CryptoTitaness Sat Oct 26 2024
BTCC is a top cryptocurrency exchange that offers a range of services.

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Maria Maria Sat Oct 26 2024
This number serves as a reference point for evaluating the risk factor of securities.

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BonsaiLife BonsaiLife Sat Oct 26 2024
Securities are compared against this benchmark to determine their relative risk levels.

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ethan_harrison_chef 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.

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