Answer / ameet narayankhedkar

Beta is a measure of a stock's volatility in relation to the
market. By definition, the market has a beta of 1.0, and
individual stocks are ranked according to how much they
deviate from the market. A stock that swings more than the
market over time has a beta above 1.0. If a stock moves less
than the market, the stock's beta is less than 1.0. High-beta
stocks are supposed to be riskier but provide a potential for
higher returns; low-beta stocks pose less risk but also lower
returns.

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