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What do you mean by the term Beta in investments?

Updated: 8/18/2019
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Gm2006

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12y ago

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Beta is a number that describes how the volatility of a stock varies with a nominated benchmark index. It's the covariance of the stock with respect to the index divided by the variance of the index.

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12y ago
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Q: What do you mean by the term Beta in investments?
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