Beta
Beta Coefficient
Risk & PortfolioMeasures a stock's volatility relative to the broader market (Nifty 50). Indicates systematic risk.
Formula
Beta = Covariance(Stock, Market) / Variance(Market)
Why it matters
Beta >1 means more volatile than market (high risk, high reward). Beta <1 means less volatile. Defensive stocks typically have low beta.
Indian example
Related terms
Learn the concept
Mutual funds, ETFs, AIFs →From the research
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