Portfolio Beta Calculator Guide

Beta is a relative number. It is measured against a market benchmark. If a stock has beta = 1, then when the market moves 1%, that stock tends to move about 1% as well. We usually treat the benchmark itself as beta = 1. Beta above 1 means the stock tends to swing more than the market, and beta below 1 means it tends to swing less. This is a tendency, not a guarantee. On any given day, company news…