Knowing This Number Can Save Your Portfolio From Disaster

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The S&P 500 has fallen by 17% since the start of the year, the Nasdaq Composite is down by almost 28%, and many popular growth stocks have been struggling, including big names like Tesla (NASDAQ: TSLA) and Moderna (NASDAQ: MRNA), which have performed even worse than the indexes. Beta is a measure of an investment’s volatility based on how closely its performance mirrors that of the broader market. If a stock’s beta value is greater than 1, it has in the past exhibited wider swings than the market — and you can generally expect that it will continue to do so.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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