Monday, August 16, 2010 5:46:11 PM
A high beta stock is more sensitive to market fluctuations.A stock with a beta of 1 will have more or less the volatility that is in line with say the S&P 500 index or other relevant index. A stock with a beta of 1.5 is theoretically 50% more volatile than the index.?
NPHC has I think a beta of 4.5.
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