| Item | Beta |
|---|---|
| MySql | beta |
| Category | Price & Price Changes |
| Period | Last |
| Explanation | Beta is a measure of risk commonly used to compare the volatility of mutual funds or stocks to that of the overall market . The S&P 500 Index is the base for calculating beta with a value of 1.0. Securities with betas below 1 are historically been less volatile than the market. Securities with betas above 1 are historically been more volatile than the marke. This data is calculated using data over a 5-year period. Reasonable Range: -1.0 -- 3.0 |
| Use | 3 |