Beta (finance)/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Nick Gardner No edit summary |
imported>Nick Gardner No edit summary |
||
| Line 1: | Line 1: | ||
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 07:43, 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.)