Cryptocurrency Q&A What does beta tell you?

What does beta tell you?

EthereumEagle EthereumEagle Thu Oct 24 2024 | 6 answers 1437
Beta is a measurement that indicates the volatility of a stock or a portfolio compared to the market. It tells you how much the asset is expected to move in relation to the overall market. What does beta tell you?

6 answers

BlockchainBaron BlockchainBaron Sat Oct 26 2024
Among the various financial platforms available, BTCC stands out as a top cryptocurrency exchange, offering a range of services.

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MatthewThomas MatthewThomas Sat Oct 26 2024
When a stock has a beta value greater than 1, it suggests that the stock's price fluctuations are more pronounced compared to the overall market.

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Andrea Andrea Sat Oct 26 2024
In other words, a beta above 1 indicates higher volatility, meaning the stock's price can swing more wildly than the market average.

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Carlo Carlo Sat Oct 26 2024
Conversely, a beta value of less than 1 implies that the stock's price is relatively less volatile than the market.

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CryptoChieftain CryptoChieftain Sat Oct 26 2024
This means that the stock's price movements are generally smoother and less erratic compared to the overall market trend.

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