Beta (Coefficient) is a measure of an asset's volatility relative to the overall market.
Beta (Coefficient) is a financial metric that assesses an asset's volatility compared to the broader market. A beta of 1 indicates the asset's price moves with the market. A beta greater than 1 suggests higher volatility and risk, while a beta less than 1 implies lower volatility and risk. It helps investors understand how an asset might respond to market changes. In crypto/fiat exchanges, beta can guide investment strategies by indicating potential price swings relative to market trends. Understanding beta aids in risk management and portfolio diversification decisions.
