INVESTING EXPLAINED: What you need to know about high beta - not a health food but a volatile 株
In this series, we 破産した／（警察が）手入れする the jargon and explain a popular 投資するing 称する，呼ぶ／期間／用語 or 主題. Here it's high beta.
This sounds like a health food, but I dare say that's not the 事例／患者
You'd be 権利. The beta of a 在庫／株 is a 手段 of its volatility in relation to a 株式市場 索引, such as the FTSE 100 or the US S&P 500.
As the （判断の）基準, the 索引 has a beta of 1. If the ups and 負かす／撃墜するs of a 在庫／株 are いっそう少なく than those of the 索引, it will have a beta of below 1.
But if its gyrations are greater than those of the 索引, its beta will be above 1 and regarded as high.
A 在庫／株 with a beta of 2 should outperform the wider market when the 索引 is moving 上向きs ? but fare いっそう少なく 井戸／弁護士席 than other 在庫／株s when the 傾向 is downwards.
Taking a 危険:?If you have strong 神経s, high beta 株 s could be your thing, so long as you can cleverly time the moment when you buy and when you sell
Checking out the beta 得点する／非難する／２０s of the FTSE 100 is 利益／興味ing. Ocado has a beta of 3.55, while AstraZeneca's beta is 0.55.
What's the message from this?
If you have strong 神経s, high beta 株 could be your thing, so long as you can cleverly time the moment when you buy and when you sell. But do not 推定する／予想する that this 戦略 will 供給する a payback. Before buying a high beta 株, you need to be 保証するd that the 可能性のある rise in the 株 price 補償するs for the 危険.
Why is that?
Surprisingly 在庫／株s with a lower beta have 歴史的に have 申し込む／申し出d higher returns than those with higher betas.
This 現象, first 観察するd about 50 years ago ? and endlessly 診察するd ever since by 経済学者s and 株式市場 分析家s, is called the low beta anomaly' or the 'low beta 賞与金'
There have been 広大な 量s of '深い dive' 研究 into the 推論する／理由s why low beta or 'low vol' 在庫／株s 供給する better payback. Some argue that it arises from the ways in which 基金 経営者／支配人s select 在庫／株s ? which may be 支配する to several type s of bias. There may also be an element of overconfidence in the prospects of high beta 在庫／株s.
Why are we reading about this?
More attention is 存在 paid to high betas まっただ中に 憶測 over the next moves in the 株 of the Magnificent Seven tech 巨人s.
The soaraway prices of the Mag 7 have delighted 投資家s, but 最近の 拒絶する／低下するs 原因（となる）d 狼狽, although these 落ちるs were short-lived.
Microsoft has a beta of 0.88, while Alphabet, owner of Google has a beta of 1.03. The other 得点する／非難する／２０s are アマゾン ? 1.15, Apple 1.27, Meta ? 1.17 and Nvida ? 1.76 .Tesla's beta is 2.47. This is a strong 指示，表示する物 that there may be more sharp fluctuations for the electric car 製造者 ? which may be one 推論する／理由 why the 大多数 of 分析家s 率 Tesla a '持つ／拘留する' rather than a 'buy'.
