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Follow: Join the Word of the Day Mailing List Share: This page: be·ta n 1. The second letter of the Greek alphabet. 2. The second item in a series or system of classification. 3. A mathematical measure of the sensitivity of rates of return on a portfolio or a given stock compared with rates of return on the market as a whole. A beta of 1.0 indicates that an asset closely follows the market; a beta greater than 1.0 indicates greater volatility than the market. I don't think you know what words mean. | |||
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