Analysis

Beta: Definition

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Simple Definition

How much a stock moves compared to the overall market. Beta of 1 = same as market.

Why It Matters

Beta measures how wild a stock's ride is compared to the market. Beta of 1.5 means if the market rises 10%, this stock tends to rise 15% (and fall 15% when market drops 10%). High-beta stocks (tech, growth) amplify market moves; low-beta stocks (utilities, consumer staples) are more stable but offer less upside.

Key Points

  • Beta > 1: More volatile than market (riskier but potentially higher returns)
  • Beta < 1: Less volatile than market (safer but potentially lower returns)
  • Beta can change over time as a company's business or market conditions evolve

Related Terms

Common Questions

How much a stock moves compared to the overall market. Beta of 1 = same as market. Beta measures how wild a stock's ride is compared to the market. Beta of 1.

Beta measures how wild a stock's ride is compared to the market. Beta of 1.5 means if the market rises 10%, this stock tends to rise 15% (and fall 15% when market drops 10%). High-beta stocks (tech, growth) amplify market moves; low-beta stocks (utilities, consumer staples) are more stable but offer less upside.

Beta > 1: More volatile than market (riskier but potentially higher returns)

Beta < 1: Less volatile than market (safer but potentially lower returns)

Beta can change over time as a company's business or market conditions evolve