A measure of a stock's volatility in relation to the S&P 500's volatility. S&P 500's volatility is always 1.0.
Syntax: Beta([Symbol])
[Symbol] = Optional.
Comments:
If a stock has a Beta of 1.5 and the market rises 10%, we should expect the stock to rise 15%.
Examples:
Beta(YHOO)
The current Beta for YHOO.