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Beta A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta isused in the capital asset pricing model (CAPM), a model thatcalculates the expected return of an asset based on its betaand expected market returns. Also known as "beta coefficient."Investopedia Says...Beta is calculated using regression analysis, and you canthink of beta as the tendency of a security's returns to respondto swings in the market. A beta of 1 indicates that thesecurity's price will move with the market. A beta of less than1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price willbe more volatile than the market. For example, if a stock'sbeta is 1.2, it's theoretically 20% more volatile than themarket.Many utilities stocks have a beta of less than 1. Conversely,most high-tech, Nasdaq-based stocks have a beta of greater than 1, offering the possibility of a higher rate of return, butalso posing more risk.
10 Timeless Market RulesTBob Farrell was the head of Merrill Lynch Research for decades, and during that time he established himself as oneof the premier market analysts on Wall Street. His insights ontechnical analysis and general market tendencies were later canonized as "10 Market Rules to Remember" and have beendistributed widely ever since. Let's take a look at thesetimeless rules and how they can help you achieve better