Beta (finance)/Definition: Difference between revisions
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The degree to which the value of an asset tracks the market average. (If beta = 1 it moves in line with the market; if it is negative it falls when the market rises.) | |||
Revision as of 08:43, 22 February 2008
The degree to which the value of an asset tracks the market average. (If beta = 1 it moves in line with the market; if it is negative it falls when the market rises.)