Back in July, I caught wind of yet another psychic medium ârealityâ show in development. This one seems tailor-made for Hollywood. Or, should I sayâ¦ âtyler-madeâ? The eight-episode hour-long series âfollows 19-year-old âcelebrity mediumâ Tyler Henry, as he balances his unique abilities with trying to be a regular teenager.â Heâs 20 now.
DEFINITION of 'Beta'. Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), a model that calculates the expected return of an asset based on its beta and expected market returns.Also known as beta coefficient.. beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market. For example, if a stock's beta is 1.2, it's theoretically 20% more volatile than the market.
Beta Meaning. Beta measures the fluctuation of a stock or a mutual fund relative to the larger market, which is typically measured by an index such as the S&P; 500. Since the market is the benchmark, the market's beta is always 1. When a stock or a fund has a beta greater than 1, it means the stock is expected to increase by more than the market in up markets and decrease more than the market in down markets. For example, a beta of 1.05 means the stock is expected to rise 5 percent more than the market on a good day or fall 5 percent more than the market on a bad day.