Glossary term
Beta
When used to indicate software status, it refers to an early test version of a program. Beta versions are released for users to test and for the team…
Definition
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When used to indicate software status, it refers to an early test version of a program. Beta versions are released for users to test and for the team to get feedback.
When used as an indication of market volatility, it measures the asset's volatility in comparison to that of the market. If beta is less than one, the asset is less volatile than the market. If it is greater than one, the asset is more volatile than the market.
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