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What is Beta?

Answer Posted / rohitash sharma

Beta tells the correlation between return on stock or
portfolio with the return of financial market as a whole.
An asset with 0 beta means there is no correlation of the
asset with the financial market ie; asset is independent &
if the beta is 1 ie;there is a positive relation between
the asset and the financial market.
rohitash.shrm@gmail.com

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