Beta
A measure of a portfolio’s sensitivity to movements in a reference market. A beta of 1.0 moves in line with the market; below 1.0 is less sensitive, above 1.0 is more.
A measure of a portfolio’s sensitivity to movements in a reference market. A beta of 1.0 moves in line with the market; below 1.0 is less sensitive, above 1.0 is more.