82,459
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
{{def | {{def|Beta|/ˈbiːtə/|n|}}So-so. Ordinary. Unspectacular. Safe. Dull. Meets expectations. Won’t try to rip you off. | ||
Defined in a famous paper by William Sharpe in 1964 — he of the [[Sharpe ratio]] — [[beta]] is defined as: ''“a portfolio risk that cannot be diversified away by adding more securities to it.”'' | Defined in a famous paper by William Sharpe in 1964 — he of the [[Sharpe ratio]] — [[beta]] is defined as: ''“a portfolio risk that cannot be diversified away by adding more securities to it.”'' |