It is a measure of the volatility of a security or portfolio relative to the market as a whole. A beta of 1.0 indicates that a security or portfolio is as volatile as the market as a whole. A beta greater than 1.0 indicates that a security or portfolio is more volatile than the market as a whole. A beta less than 1.0 indicates that a security or portfolio is less volatile than the market as a whole.

Follow us on Google News