Beta: Difference between revisions

No change in size ,  29 November 2020
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{{def!Beta|/ˈbiːtə/|n|}}So-so. Ordinary. Unspectacular. Safe. Dull. Meets expectations. Won’t try to rip you off.  
{{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.”''