What is a beta?

Discussion in 'Trading' started by Rodbuilder, Aug 27, 2019.

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  1. vanzandt

    vanzandt

    As another neutral party here lol...

    Hey Rod,
    A good lesson in Beta is that penny stock you were pumping last week that you swore up and down couldn't go under $0.55. I told ya so. The bitch is at $0.40.
    Now that doesn't sound like alot... but it dropped 27% while the S&P dropped 1.3%.
    That's a beta of about 1.25.
    Class dismissed.
     
    #11     Aug 27, 2019
    Nobert and ironchef like this.
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