A statistic indicating how an asset’s price moves relative to a benchmark (e.g. a currency index). A beta of 1 means it moves with the market; >1 is more volatile; <1 is less volatile.
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A statistic indicating how an asset’s price moves relative to a benchmark (e.g. a currency index). A beta of 1 means it moves with the market; >1 is more volatile; <1 is less volatile.