Question

What does beta coefficient mean if it is above 1 means?

Answer 1

Step-by-step explanation:

the meaning of beta co efficient if it is greater than 1 is that the stock had above-average risk and return

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Answer 2

Answer:

Analyzing Beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security's price tends to move with the market. A beta greater than 1 indicates that the security's price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market.