Beta
Asset symbol is not found or was delisted
Indicator Description
Beta | = | CovarianceVariance |
Beta In A Nutshell
If you’re looking to measure risk, Beta is the Greek data point you want to use. When building a portfolio or looking at ETF products, a good way to judge how the risk factor may be is to compare Beta levels. If you want a portfolio that tracks the market, then you want it to be closer to 1, but if you are looking for more volatility, then you can exceed the 1 market for greater movements when the market moves.
Beta is the measurement of how an equity or product moves with the underlying instrument it is attached with. Beta is measured as follows, if a product has a Beta of 1 or above, than the product is more volatile, but if it falls below 1, it will be less volatile. When a Beta is at 1, that means it will move in rhythm with the asset it is tied with. For example, the ETF ticker SPY that follows the S&P 500 will have a Beta near 1 because it is supposed to follow the S&P 500 Index. Conversely, if you invest in an inverse ETF, it will likely be near a 0 Beta because it moves in the opposite direction of the market it is intended to follow.
Closer Look at Beta
There are other means to measure risk such as fundamental analysis, which can give you insight to any issues that could b arising. Also, you can just look and analyze a chart using indicators and technical analysis to determine the possible risk at your point of entry. Not only is there Beta, but there are many other Greek symbols that can be used, but be sure to read up on what each one means. If you ever get stuck, reach out to an investing community and then can help to explain it and help you through any misunderstandings.
Other Suggestions
| G | Genpact Limited | Company |
| G | Gravity | Cryptocurrency |
| GOODN | Gladstone Commercial Corp | Company |
| GF | New Germany Closed | Fund |
| GK | AdvisorShares Gerber Kawasaki | ETF |
| GVZ | CBOE Gold Volatitity | Index |
| G20038AA6 | CAMEBO 525 27 APR 29 | Corporate Bond |
| GCUSD | Gold Futures | Commodity |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Invested few shares | |
 | Artificial Intelligence Invested few shares | |
 | ESG Investing Invested few shares | |
 | Cash Cows Invested few shares | |
 | Business Services Invested few shares | |
 | Dividend Beast Invested over 60 shares | |
 | Blockchain Invested few shares | |
 | SRI Sustainable Growth Invested over 40 shares | |
 | Apparel Invested over 40 shares | |
 | Casinos Sold over 90 shares | |
 | Basic Utilities Invested over 90 shares | |
Other Complementary Tools
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |