Beta
What is Beta?
Beta measures a stock's volatility relative to the overall market.
Explanation:
A beta higher than 1 indicates higher coöatility thn the market while a beta ess than 1 indicates lower volatility.
Practical Example of Beta:
ONE-SIGNAL's beta is 0.111, meaning that the portfolios entirely based on ONE-SIGNAL, move very little in response to market swings.