Measuring Systematic Risk: Beta (concluded)
{"Image DocumentName": "Measuring Systematic Risk: Beta (concluded)", "Image ImageDescription": "If a stock varies as the market portfolio does, the beta is 1.0 and the stock has a risk level matching the market portfolio such as the S&P 500. A beta greater than one is riskier (aggressive stock) than the market while a beta less than one is not as risky as the market and are called defensive stocks. Betas calculated for securities identify their relative historic riskiness.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}