# 3ABCDEFGHIJKLMNOPQRSTUVWYZ

Beta

Beta describes the extent to which the return from a security or portfolio is correlated to the return from the market as a whole. A beta of zero means there is no correlation, the security moves independently of the market. If the beta is positive it means the security usually tracks the market, while a negative beta shows it follows the market inversely, the security increases in value when the market falls and vice versa.

See also: Alpha