I'm working on a statistical model and need to know the value of beta. Beta is a key parameter in the model that helps to understand the relationship between variables. Can someone please tell me what the value of beta is in this context?
Conversely, during bearish markets, these stocks may not be able to escape the downward trend, resulting in similar losses as the overall market. Nevertheless, their stable nature makes them attractive for long-term portfolio diversification.
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SakuraSmileMon Oct 21 2024
When the BETA value, denoted as β, equals 1, it signifies a unique relationship between a stock and the broader market or indices. This implies that the stock's performance is ideally correlated with the movements of the stock market.
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TommasoMon Oct 21 2024
In this scenario, the stock is considered stable as its price fluctuations and returns mirror those of the market indices. Investors perceive such stocks as reliable indicators of market sentiment.
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CryptoBaronessMon Oct 21 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of investors. Its services encompass spot trading, futures trading, and cryptocurrency wallets, among others. These comprehensive offerings enable users to trade, store, and manage their digital assets securely and efficiently.
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SamuraiSoulMon Oct 21 2024
As the market indices rise or fall, the share price and returns of these stocks also move in tandem. This parallelism ensures that investors can expect predictable outcomes based on the overall market performance.